Influencing Efficiency of Tax Relief on the Capital Market: An Empirical Study of China Supply-Side Reform

Jiang, Changjun; Na, Sanggyun; Jiang, Fengting

doi:10.3390/su11113012

Cited by 2 publications

(1 citation statement)

References 11 publications

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“…Enterprise financial taxation refers to the use of rigorous and scientific methods to effectively allocate the funds of the enterprise and to reasonably manage the funds of the enterprise, which plays a restraining role in the financial management of the enterprise and provides a guarantee for the financial management objectives of the enterprise [1][2]. Therefore, in the new situation, it is very meaningful and valuable to have an in-depth discussion on the financial taxation of the enterprise, which is conducive to the long-term development of the enterprise, enhances the financial management of the enterprise, and can make the financial structure of the enterprise clearer, so as to increase the economic benefits of the enterprise [3].…”

Section: Introductionmentioning

confidence: 99%

Exploration of financial tax system in the context of big data

2023

Applied Mathematics and Nonlinear Sciences

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The financial tax system is related to the actual effectiveness of a country’s modernized economic development and has a close relationship with the country’s economic enhancement. To examine the causal effects between potential variables in the tax system, this paper constructs a measurement model of financial tax system variables using Bayesian structural equations. Parameter estimation for SEM is completed by adding prior information to the sample data and calculating the posterior distribution of relevant parameters using Bayes’ theorem. The correlation between financial taxation and economic development is calculated to indicate whether there is consistency in financial taxation on economic efficiency. Cronbach’s coefficient is used to measure the degree of consistency and stability of each part of the financial tax index system. The results show that the impact value of personal tax is 0.71, 0.37 and 4.18 in provinces C, A and B. Promoting economic development in provinces and municipalities with a better degree of economic development is aided by the current personal income tax sharing ratio. Reducing the proportion of indirect taxes while keeping the macro tax burden unchanged results in a gradual increase of the proportion of personal income tax in total tax revenue from 8.7% to 18.7%. The research in this paper further improves the financial tax system and provides an effective method to improve economic efficiency.

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Section: Introductionmentioning

confidence: 99%

Exploration of financial tax system in the context of big data

2023

Applied Mathematics and Nonlinear Sciences

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Evaluation of the Implementation Effect of China’s Industrial Sector Supply-Side Reform: From the Perspective of Energy and Environmental Efficiency

Dong

Liang-qun

2022

Energies

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The analysis of the implementation effect of the supply-side reform (SSR) in the industrial sector of China’s provinces and the reasons behind them are of great significance for China to formulate relevant policies in the future. However, this work has not yet been carried out. Industrial development performance is closely related to energy and environmental efficiency (EEE), and the effect of the SSR implementation is directly reflected in EEE. This study fills this gap by analyzing the EEE of 30 provinces in China from 2012 to 2017 using data envelopment analysis and Malmquist index methods. The results show that the positive effect of China’s implementation of SSR has emerged. This positive effect is mainly reflected in the implementation of measures such as reducing overcapacity, which has promoted the technological innovation of enterprises. However, the low management level and resource-allocation efficiency hinder the further improvement of the implementation effect of the SSR, which should be paid special attention to in China’s future supply-side reform. In addition, we believe that in the context of China’s high-quality development and carbon neutrality goals, the SSR should be given more connotations, which are to increase the requirements for strengthening green and low-carbon development.

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Influencing Efficiency of Tax Relief on the Capital Market: An Empirical Study of China Supply-Side Reform

Cited by 2 publications

References 11 publications

Exploration of financial tax system in the context of big data

Exploration of financial tax system in the context of big data

Evaluation of the Implementation Effect of China’s Industrial Sector Supply-Side Reform: From the Perspective of Energy and Environmental Efficiency

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