Internal Information Environment, Operational Uncertainty And Corporate Tax Incentives

Aggressive tax avoidance does not bring the company a low effective tax rate, but also more risk at the same time.It has been a long time since researchers begin to do tax research.Most previous research of tax avoidance study the characteristics of company level with tax avoidance. While tax is a combination of multiple fields, such as economy, finance, accounting and management, so that there are a lot of research on the influencing factors of tax waitting us to study. In this case, this paper studies the internal information environment, environment uncertainty with aggressive tax avoidance.According to information theory, it's available for enterprise managers to make decisions on the management and the implementation of the business plans on the basis of the information that they can get, which contains tax aggressive behavior. According to information asymmetry theory, the enterprise exist information asymmetry between organization departments. And Scholes and Wolfson hold that enterprise effective tax avoidance behavior should include all costs, all taxes and all activities.So tax avoidance must eliminate information asymmetry within the enterprise to achieve the target maximize the enterprise value. Internal information environment can provide enterprises with efficient, convenient, high-quality information, which can help managers to plan decisions, make the enterprise internal information fusion easier at the same time.By this way,comapany can eliminate the information asymmetry, to facilitate the planning and implementation of tax aggressive behavior. So this paper argues that the improvement of internal information environment could help to avoid tax. Due to managing uncertainty will deepen information asymmetry, limit management decision-making and implementation and deepen agency problem, tax aggressive behavior can not be carried out effectively. So that under uncertain managing environment, the degree of tax avoidance is small. In view of the internal information environment and the managing uncertainty influence tax avoidance in different directions, this paper argues that the improvement of internal information environment quality can provide enterprises with effective, high quality information to eliminate managing uncertainty negative effects of tax planning. So this article testes the interaction item for tax Corporate tax planning is one of the tax avoidance means by modern companies. planning function. And given the special property right of China, enterprise with different property has different ways to distribute resources, to access information. So sample the group by different property to test the relationship about enterprise internal information environment under different property rights with the degree of tax avoidance. To verify the hypothesis, this paper uses 2009-2014 companies consolidated data as sample, uses accounting- tax differences to measure the degree of tax avoidance. This paper also use the speed of financial report disclosure, internal control material weakness, analysts tracking number, analysis accuracy of analysts to measure the internal information environment, use the standard deviation of sales revenue measure uncertainty of management, and control the relevant variables to make regression model. The empirical results show that the internal information environment has significant positive correlation with the degree of aggressive tax planning. Uncertainty is negative to tax avoidance. And the internal information environment can obviously influence the uncertainty negative effect. And with different property, enterprise's internal information environment's effect doesn't have obvious difference.Conclusion of this paper enriches the research achievements of management accounting for corporate tax avoidance. And it has certain theoretical significance. Combined with the results of the study, in view of the actual company tax planning, this paper also gives some policy Suggestions: first, it's important to strengthen the enterprise internal information environment. Second, tax authorities should strengthen the supervision of tax avoidance and disclose tax risk.