A Research on the Impact of Fiscal Competition Strategy on the Stickiness of Corporate Tax Burden
Taking 294 prefecture-level cities and A-share listed companies from 2008 to 2020 as research samples,the paper empirically test the influence and mechanism of fiscal competition on the stickiness of corporate tax burden.The results show that tax competition can alleviate the stickiness of corporate tax burden,and the effect is more obvious in state-owned enterprises and high-growth enterprises.Fiscal expenditure competition can alleviate the stickiness of corporate tax burden,and the effect is more obvious in areas with high marketization level,state-owned enterprises and high-growth enterprises.It is found that tax competition among local governments can reduce the stickiness of corporate tax burden by giving tax incentives to enterprises and reducing tax efforts.Fiscal expenditure competition among local governments will reduce the stickiness of corporate tax burden by promoting corporate financing behavior and corporate investment behavior,and strengthen the stickiness of corporate tax burden by increasing tax efforts.The latter have partial masking effect.The analysis of strategy interaction effect shows that the effect of fiscal expenditure competition on alleviating the stickiness of corporate tax burden is slightly greater than tax competition,and there is a certain strategic substitution relationship between the two.
万方数据
维普
