Corporate Charitable Donation And Tax Avoidance

Corporate tax avoidance has always been a common problem in all countries,and it has also been widely concerned by scholars.As the main part of the national fiscal revenue,tax revenue plays an important role in the economy and society.Tax avoidance will reduce government revenue and reduce government spending on public infrastructure,such as science,education,culture and health.Therefore,tax avoidance is considered to be irresponsible to society.In the existing research on corporate tax avoidance,scholars pay more attention to the impact of corporate management and governance behavior on tax avoidance behavior,and pay less attention to the impact of social responsibility factors.This paper starts with the corporate charitable donation,which is considered to be a social responsibility,and explores the impact of charitable donations on tax avoidance behavior.This paper analyzes corporate charitable donations and tax avoidance behaviors from both theoretical and empirical perspectives.At the same time,it analyzes the impact of government tax collection and management intensity,corporate information disclosure level and the education level of corporate executives on charitable donations and tax avoidance relationships.On the theoretical level,this paper combines the previous domestic and foreign literatures to analyze the relationship between charitable donations and tax avoidance behaviors through existing achievements,and then analyzes the influence mechanism of internal and external governance factors on corporate tax avoidance behaviors,and puts forward the corresponding theoretical hypothesis.On the empirical level,through the data of A-share listed companies in China from 2007 to 2017,calculating the degree of corporate tax avoidance,testing and analyzing the hypothesis through the measurement model.According to the empirical results,we can draw the following conclusions:(1)The charitable donation of enterprises is positively related to the degree of tax avoidance.The increase of corporate charitable donations will increase the degree of tax avoidance,and the more donations,the stronger the donation strength of enterprises,the actual tax The lower the negative,the higher the tax avoidance.(2)From the perspective of external supervision,the intensity of tax collection and management can restrain the positive correlation between corporate charitable donation and tax avoidance.That is,in areas with lower tax collection and management intensity,the more charitable donations,the higher the degree of taxavoidance,the external supervision exists.Reduce the effect of tax avoidance.(3)From the perspective of internal supervision and corporate characteristics,corporate social responsibility disclosure increases the positive correlation between charitable donations and tax avoidance,that is,enterprises with high degree of social responsibility information disclosure,the more charitable donations,the higher the degree of tax avoidance;The degree of education has increased the positive correlation between charitable donations and tax avoidance,that is,the higher education level of managers,the more charitable donations,the higher the degree of tax avoidance.Finally,from the results of data analysis,we put forward suggestions for existing issues: For the tax authorities,it is necessary to improve their ability to collect and manage,strengthen the change of working methods,improve the efficiency of collection and management,and strengthen supervision and restraint on themselves;tax authorities should focus on high social donations when conducting tax audits.Whether the company has tax avoidance behavior,can not make charitable donation become a "protective umbrella" for corporate tax avoidance.For the enterprise itself,it should strengthen the sense of social responsibility and strengthen moral education for managers to reduce the deviation from the original intention of corporate social responsibility behavior.