Analysis On The Influence Of Property Right On The Actual Tax Burden Of Manufacturing Industry Under Different Market Levels

The actual tax burden is one of the important factors that influence and restrict the development of the company,especially in the current predicament of manufacturing industry.Different from nominal tax burden,there are many factors affecting the actual tax burden.Exploring the influencing factors of the actual tax burden has important theoretical and practical significance for promoting the transformation and upgrading of the industry and policy reform.This paper takes "made in China" as the research background and bases on the theory of tax burden,agency cost,stakeholder and government intervention,to expound the causes and influences of actual tax burden.Then,the degree of regional marketization is used as an indirect indicator of government intervention.Through empirical analysis to quantify the impact of property right on the actual tax burden,and the enterprise scale,financial leverage,stock concentration,profitability of general verification.The conclusion is drawn: After the implementation of the new enterprise income tax law,the actual tax burden of all samples has been significantly reduced.Company size,financial leverage,survival intensity showed a positive relationship with actual tax burden,and profitability is the opposite.The "Pyramid hierarchy effect" under the nature of property rights makes the actual tax burden of state-owned enterprises higher than the private enterprises',and the actual tax burden of local state-owned enterprises is more serious than that of central state-owned enterprises.Therefore,some suggestions are put forward according to the reform of state-owned enterprises and "made in China 2025" : The state should strengthen the legalization of Taxation,promote tax reform and promote structural tax reduction and standardize tax revenues.Introduce private capital,deepen the reform of joint stock system and state-owned enterprises,and improve the asset management of state-owned enterprises and the leadership style of state-owned enterprises.Reduce government intervention to activate market vitality,thereby realizing the transformation of service-oriented government.