Arbeitspapier
Does Ownership Affect the Impact of Taxes on Firm Behavior? Evidence from China
Does ownership affect the way firms react to corporate taxation? This paper exploits key features of recent corporate tax reforms in China to shed light on the differential impact of taxation on firms under different ownership regimes including private, collectively owned and state owned companies. Employing a difference-in-difference estimation approach, we find that the increase in the deductibility of wage costs in 2006 has led to a sizable increase of wages per worker in private firms and an even larger increase in collective-owned enterprises. In contrast, there is no significant wage response in state owned enterprises. The decrease in the statutory tax rate for domestic firms since 2008 has induced collectively owned enterprises and private firms to reduce debt while there is no significant response SOEs. Our results also suggest that the 2008 reform has reduced tax induced investment round tripping through Hong Kong, Macao and Taiwan.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 5316
- Klassifikation
-
Wirtschaft
Taxation, Subsidies, and Revenue: General
- Thema
-
corporate taxation
tax reform
state owned enterprises
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fuest, Clemens
Liu, Li
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fuest, Clemens
- Liu, Li
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2015
Ähnliche Objekte (12)
Does ownership affect the impact of taxes on firm behavior? Evidence from China
Corporate Tax Policy, Foreign Firm Ownership and Thin Capitalization
Exploration on the application of electronic information technology in signal processing based on big data
Construction vibration risk assessment of engineering projects based on nonlinear feature algorithm
Tax competition and firm mobility: An assessment of empirical findings
Do Higher Corporate Taxes Reduce Wages?
Werden die Armen immer ärmer und die Reichen immer reicher? Zehn Thesen zur Ungleichheitsdebatte
Mindestlohn: Bloß nicht
Germany's Economic Restart after Covid-19: The Role of Fiscal Policy and Taxation
Zur Debatte über die Einführung einer Nettovermögensteuer in Deutschland
Soziale Marktwirtschaft: Exportschlager oder Auslaufmodell?
Neues Konjunkturrisiko: Engpässe bei Materialien und Vorprodukten
Does ownership affect the impact of taxes on firm behavior? Evidence from China
Corporate Tax Policy, Foreign Firm Ownership and Thin Capitalization
Exploration on the application of electronic information technology in signal processing based on big data
Construction vibration risk assessment of engineering projects based on nonlinear feature algorithm
Tax competition and firm mobility: An assessment of empirical findings
Do Higher Corporate Taxes Reduce Wages?
Werden die Armen immer ärmer und die Reichen immer reicher? Zehn Thesen zur Ungleichheitsdebatte
Mindestlohn: Bloß nicht
Germany's Economic Restart after Covid-19: The Role of Fiscal Policy and Taxation
Zur Debatte über die Einführung einer Nettovermögensteuer in Deutschland
Soziale Marktwirtschaft: Exportschlager oder Auslaufmodell?
Neues Konjunkturrisiko: Engpässe bei Materialien und Vorprodukten
Does ownership affect the impact of taxes on firm behavior? Evidence from China
Corporate Tax Policy, Foreign Firm Ownership and Thin Capitalization
Exploration on the application of electronic information technology in signal processing based on big data
Construction vibration risk assessment of engineering projects based on nonlinear feature algorithm
Tax competition and firm mobility: An assessment of empirical findings
Do Higher Corporate Taxes Reduce Wages?
Werden die Armen immer ärmer und die Reichen immer reicher? Zehn Thesen zur Ungleichheitsdebatte
Mindestlohn: Bloß nicht
Germany's Economic Restart after Covid-19: The Role of Fiscal Policy and Taxation
Zur Debatte über die Einführung einer Nettovermögensteuer in Deutschland
Soziale Marktwirtschaft: Exportschlager oder Auslaufmodell?