Research On The Tax Burden Of Coal Enterprise Income Tax

Taxation is a form of the state to meet social needs,issue public products,participate in the distribution of social products,and obtain fiscal revenue from the entire society.Tax revenue has three main characteristics: mandatory,unpaid,and fixed.Corporate income tax is the predecessor of corporate income tax,and it originated in Western countries.Our country has perfected and determined it in the light of its actual situation.Corporate income tax is a tax that is levied on 25% of the income of domestic-funded enterprises and operating agencies within China's national territory.The taxpayer scope for corporate income tax is larger than corporate income tax.Since corporate income tax is closely related to the company's income and it is a major component of corporate taxation,it is of great importance for the study of corporate operating rules and national taxation policies.Since it is the state that collects taxes on the income of enterprises and the involved subjects include the macro subject and the micro subject,the study of the factors affecting the corporate income tax from the macro and micro perspectives on China's taxation system further promotes the healthy development of the enterprise and maintains the socialist market economic order.Both have a significant significance.At the same time,the domestic scholars' research on the income tax burden of coal enterprises is mostly concentrated on the macro level.Therefore,the study of this article can start from the actual situation and enrich the theoretical research on the coal enterprise income tax at the micro level,providing a clear direction for future research in this field..Coal is a basic energy source and an essential source of energy for China's production and people's lives.It accounts for half of China's energy consumption.As an important part of coal mining,processing,and circulation,coal companies have self-evident impact on the national economy.It is worth noting that this paper finds out and sorts out related data that in recent years,the income tax of coal enterprises has shown an overall upward trend.At the same time,compared with other energy mining industries,coal companies have higher income tax liabilities,so the currentcoal companies in China There are still situations where the income tax burden is relatively heavy.After combing the research of the theoretical community,this paper finds that many scholars mentioned in the research that the income tax borne by the company is closely related to the factors from the company itself.However,studies by domestic scholars still mainly proceed from the macroscopic level,and there are very few literatures focusing on the influencing factors of the company itself.In order to truly reduce the tax burden on coal companies,it is necessary to look for directions from the perspective of the company itself,and at the same time,in conjunction with the adjustment of macroeconomic policies,it is possible to propose reasonable measures to effectively reduce the tax burden on coal companies and even the overall tax burden on coal companies.This article continues to summarize the reading of the research literature,and summarizes the current sales,production,and taxation data of coal companies based on the theory of taxation cost of coal companies,taxation theory of classical economics,and taxation theory of modern economics.The status analysis and problems were combed,and the policy factors affecting the income tax burden of coal enterprises were elaborated.This article regards corporate income tax as an external cost of the enterprise.Combining with the characteristics of the coal enterprise itself,it determines the factors that affect the income tax burden of the coal enterprise as an explanatory variable.The average income tax burden of the coal enterprise establishes a panel data model as an explanatory variable.Linear regression analysis of its significance level.In order to ensure the reliability of the data,the data of the2013-2016 four-year listed coal companies listed in the Shanghai and Shenzhen Stock Exchanges were selected during the period of 2013-2016.The current situation analysis was used to examine whether the current China's major coal companies' income tax levels are within a reasonable range.Internally,empirical analysis was used to find the micro-factors that affect the tax burden on coal companies and provide direction for companies to change their operating methods to reduce taxes.The measurement data selected in this paper is a combination of corporate fees and taxes,that is,adjusted income tax expenses as a reference indicator,avoiding thedeviation caused by calculating only taxes instead of fees.The empirical analysis shows that the average income tax burden of coal companies has a significant negative correlation with asset size,capital intensity,profit level,and equity structure,while it shows a significant positive correlation with the debt level of coal companies.Based on the conclusions in the third and fourth chapters of this paper,the fifth chapter puts forward the countermeasures and suggestions for further reasonable taxation of coal enterprise income tax.