Distribution,Evolution and Construction of Key Tax Sources at the Grassroots Level in China
Key tax sources are the main source of tax revenue for governments at all levels and are the top priority in tax revenue organisational activities.This paper reveals for the first time the distribution and evolutionary characteristics of key tax sources in Chinese counties and districts,and empirically explores the main features of the construction activities of key tax sources in China.The measurement results indicate that the proportion of tax revenues that the top ten enterprises in the less developed regions contribute to grassroots finance exceeds 80％,a very high amount compared to the 65％contributed by the same type of enterprises in the developed regions.These enterprises mainly concentrate their activity in wholesale and retail trade,the basic livelihood and real estate-related sectors.For this reason,the paper empirically explores the behaviour in the construction of grassroots financial key tax-source industries using the sharp regression discontinuity design(SRDD)with the first largest tax-source industry of grassroots,wholesale and retail industry as an empirical sample.The empirical results suggest that when the wholesale and retail industry is the first key tax-source industry in the district and county,although the overall tax burden level of the industry does not show any significant change,the tax burden of enterprises that pay the top 50％of taxes show a significant increase,and the higher the tax payment scale,the more evident the effect of increasing the tax burden becomes.Further analysis notes that the results of this paper are not related to corporate tax compliance,and that the increased tax burden does not affect the operating status and profitability of existing enterprises,nor does it change the entry decisions of new enterprises.The findings of this paper not only help to understand the functioning of grassroots finance and better comprehend and solve the current problem of tight fiscal balance,but also take advantage of important features in the practice of tax collection and management in China,providing new insights for the modernisation of its tax governance.
万方数据
维普
