The Research On China’s Listed Companies Implicit Taxes Burden

Based on the theory of implicit tax, this study adopts normative and empirical research methods. The study use Shanghai and Shenzhen A shares listed Companies from 2005 to 2013 as.sample, design multiple regression model, analysis and empirically tests of China’s listed companies implicit taxes burden and it’s influencing factors. Study found that the tax preference of China listing Companies will bring the implicit tax.,the relation of implicit tax rate and ETR,or implicit tax rate and PTROE is significant negative correlation. The implicit tax of China’s listed companies related to its market share and size, the sample of non-manufacturing illustrate the negative correlation between ITR and MS. Company size and implicit tax rate was positively correlated. Moreover, area enjoyed more tax preference, bared the more implicit tax and the implicit tax of China’s listed companies in western area is the highest, but the area differences of the implicit tax becomes narrow after 2008 the new enterprise income tax law implementation. Finally, the paper suggests that Enterprises should deepen their understanding of the implicit tax, consider various non-tax costs,take legitimate, comprehensive and effective tax planning activities, so integrated revenue maximization.