The Impact Of Tax Burden On Corporate Behavior And Performance

Since the1994tax reform, the emergence of the turnover tax levied on valueadded tax and consumption tax situation of coexistence, which is the development ofChina’s market economy, has played a huge role. However, in the present, China’seconomic structural adjustment crucial stage, VAT and business tax tax tax systemdesigned to coexist exposed problems have become increasingly prominent. Topromote economic restructuring, industrial upgrading and optimization healthy andcoordinated development of the national economy, the State Council made in October26,2011the biggest decisions: implementing business tax with VAT (hereinafterreferred to as " business tax changed to added-value tax ") reform and Shanghai as thepreferred reform. Due to China’s “business tax changed to added-value tax “justbeginning, few scholars’ study of "Camp changed to increase" policies affect businessperformance and corporate behavior from the microscopic point of view. Based onthis, the “business tax changed to added-value tax”policy system background, the taxburden on corporate behavior and performance impact.In the study," business tax changed to added-value tax " reform policy actiondirectly affected when the content of listed companies, the paper directly affected bythe Shanghai listed companies as samples, select the2011and2012annual reports oflisted companies related data, examines the " business tax changed to added-valuetax "tax policy impact on the company, through its impact on investment in fixedassets, R&D spending, the employment situation investigated" business tax changedto added-value tax "policy for corporate behavior through fixed asset turnover, salesmargin, asset-liability ratio examines the impact of " business tax changed toadded-value tax " the impact of policies on corporate performance. In the study,"business tax changed to added-value tax " reform policies affect corporate behaviorand performance of the empirical analysis and the analysis of the contents of the case,the paper listed in the Shanghai Stock Exchange134Shanghai enterprises as samples,and descriptive statistics for the sample group of equity between nature, by the "business tax changed to added-value tax " reform policies have a direct impact orindirect impact, company size, and time respectively mean T test; behavior and performance of the company over Port Group and then as a case study to analyze theelectrical confidence investigated "the camp changed to increase ’policy affected.By studying " business tax changed to added-value tax " reform policies directlyaffected the role of listed companies," business tax changed to added-value tax " theShanghai Stock Exchange reform policies influence the behavior and performance oflisted companies in Shanghai for the entire empirical analysis and more confidenceElectrical Port Group and is Example analysis and study, the following conclusions:"business tax changed to added-value tax " makes the whole transportation tax reformincreased significantly decrease the tax burden of the modern service industry, so theoverall corporate tax rate has dropped;" business tax changed to added-value tax "reform policy will lead to increased investment in fixed assets directly affectedcompanies and research and development expenditures;" business tax changed toadded-value tax " part of the enterprise employment policy will have a negativeimpact;" business tax changed to added-value tax " policy on corporate performancehas a significant positive effect.