Can Informatization of Tax Enforcement Reduce the Uncertainty of Enterprise Taxation?Evidence from A Quasi-natural Experiment on the "Third Phase of Golden Tax Project"

LIU Bing-xi; TAO Dong-jie; CHEN Zheng-hong

Volume 37 Issue 6

Nov. 2022

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Article Navigation > Journal of Guangdong University of Finance & Economics > 2022 > 37(6): 89-103

LIU Bing-xi, TAO Dong-jie, CHEN Zheng-hong. Can Informatization of Tax Enforcement Reduce the Uncertainty of Enterprise Taxation?Evidence from A Quasi-natural Experiment on the 'Third Phase of Golden Tax Project'[J]. Journal of Guangdong University of Finance & Economics, 2022, 37(6): 89-103.

Citation:

LIU Bing-xi, TAO Dong-jie, CHEN Zheng-hong. Can Informatization of Tax Enforcement Reduce the Uncertainty of Enterprise Taxation?Evidence from A Quasi-natural Experiment on the "Third Phase of Golden Tax Project"[J]. Journal of Guangdong University of Finance & Economics, 2022, 37(6): 89-103.

Citation:

LIU Bing-xi, TAO Dong-jie, CHEN Zheng-hong. Can Informatization of Tax Enforcement Reduce the Uncertainty of Enterprise Taxation?Evidence from A Quasi-natural Experiment on the "Third Phase of Golden Tax Project"[J]. Journal of Guangdong University of Finance & Economics, 2022, 37(6): 89-103.

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Can Informatization of Tax Enforcement Reduce the Uncertainty of Enterprise Taxation?Evidence from A Quasi-natural Experiment on the "Third Phase of Golden Tax Project"

School of Finance and Public Administration, Hubei University of Economics, Wuhan 430205, China

Received Date: 2022-07-19
Available Online: 2023-01-13
Publish Date: 2022-11-28

Abstract

Abstract

Informatization of tax enforcement improve the standardization of tax collection and management by reducing tax discretionary space, it helps reduce corporate tax uncertainty. Though constructing a theoretical model based on the theory of optimal direct tax system, this paper aims to reveal the mechanism by which informatization of tax enforcement reduces the corporate tax uncertainty. Based on the Quasi-natural experiment based on the implementation of "Third Phase of Golden Tax Project", this study employs the panel data of Chinese listed companies and the continuous difference-in-differences method to examine the impact of informationization of tax enforcement on the uncertainty of enterprise taxation at the micro level. It is found that the implementation of "Third Phase of Golden Tax Project" has significantly reduced the uncertainty of corporate tax revenue, especially for private enterprises; in addition, when local governments face greater pressures to increase fiscal revenues, the inhibitory effect of informatization of tax enforcement on taxation uncertainty is weakened. An expansive analysis at the macro level shows that the implementation of "Third Phase of Golden Tax Project" has improved the level of equalization of corporate tax burdens in the region. The findings of this study provide policy enlightenment for optimizing business environment in taxation and deepening the reform of tax collection and management system.
- tax enforcement,
- informatization of tax enforcement,
- tax burden,
- Third Phase of Golden Tax Project,
- tax uncertainty,
- business environment

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References(36)

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