The Research On The Effect Of Tax Enforcement Activities On Enterprise Innovation

In recent years,government work reports have repeatedly mentioned the strategic position of innovation,especially enterprise innovation,in the new economic normal.How to effectively play the role of the government to improve the level of enterprise innovation and promote the transformation of economic development mode is an important issue that needs to be researched and solved urgently.Tax enforcement activities is an important activity of local governments to influence business decision-making,and "strong collection and management-tax reduction rate" is one of the inclusive tax reduction ideas in China.Therefore,under the background of deepening the reform of tax collection and management system and the implementation of innovation-driven development strategy,it is of great research significance to explore how tax enforcement activities affects enterprise innovation.This article examines the "taxation effect" and "governance effects" of tax enforcement activities from the three aspects of tax collection and management,including tax administration,tax collection,and tax inspection,as well as mandatory and non-mandatory tax collection and management behaviors.On this basis,this article puts forward policy suggestions for further deepening the reform of the tax collection and management system and improving incentives for enterprise innovation.The main research contents and results of this article are as followings:Firstly,this article uses the tax credit rating system to explore the impact of tax management and non-mandatory tax enforcement activitis on enterprise technological innovation.The empirical results show that the tax credit rating result A can reduce the two types of agency costs,improve business performance,increase the scale of corporate commercial credit financing,and reduce corporate financing constraints.The analysis of heterogeneity shows that the result of tax credit rating is A has a greater impact on companies with lower regional marketization and lower information asymmetry,and the tax credit rating system can play a supplementary effect on mandatory tax enforcement activities.Secondly,this article uses the direct investment in "tax havens" behavior of multinational corporations to explore the micro-impact of tax collection session and macro-level tax enforcement activities on enterprise technological innovation.Empirical studies have found that direct investment in "tax havens" has a significant positive incentive effect on enterprise technological innovation,and the promotion effect is more significant in enterprises with higher information transparency,growth and maturity,and manufacturing industries.The local tax enforcement activities environment will not only significantly reduce the tendency of enterprises to invest in"tax havens",but also significantly weaken the promotion effect of direct investment in"tax havens" on enterprise technological innovation.Thirdly,this article uses the tax inspection activities of tax officials on enterprises to explore the impact and mechanism of tax inspection,micro-level,and mandatory tax enforcement activites on corporate R?D investment.Studies have shown that tax inspections can play a role in promoting corporate R?D activities by increasing the"governance effect" of corporate information transparency and the scale of corporate commercial credit financing,and local government fiscal pressure and the rule of law environment will weaken this promotion effect.Further analysis shows that tax inspections also have a significant promotion effect on corporate collaborative R?D activities;the effect of tax inspections on corporate R?D investment may be the performance of enterprises'arbitrarily listed R?D expenses under financing constraints.Based on the above research results,this paper believes that the implementation of innovation-driven development strategy should not only focus on the decisive role of the market in resource allocation,but also give full play to the "governance effect" of government tax enforcement activities in promoting enterprise innovation.On the one hand,in addition to regulating corporate integrity and tax payment,the government should also pay attention to thegovernance function of tax enforcement activities,and innovatively reform the way the government manages micro-enterprises.Local governments can try to use more "promoting goodness" and "punishing evil" combined model governs micro-enterprises;on the other hand,local government intervention will weaken the "governance effect" of tax enforcement activities and promotion of enterprise innovation.Local governments should broaden tax channels and reduce the degree of interference with tax enforcement activities of tax authorities.