A Research Of Corporate Income Tax Burden Of Agricultural And Sideline Food Processing Industry In China

Corporate income tax burden has got much attention, it is not only the core issue of national tax policy, but also an important factor in promoting national economic development and maintaining social stability. National tax policy should be based on reasonable tax burden, and China’s agro-food processing industry income tax burden of research is still in the blank, in addition, the development of agro-food processing industry is a key industrial management of agriculture and rural economic structure adjustment. The key is to realize small-scale agricultural production and modernization of agricultural production docking, so the study of food processing industry of agricultural and sideline income tax burden level has very important significance. After reading a lot of literature,this article is based on the significance of this study from the aspect of theoretical and empirical analysis of China’s agro-food processing industry enterprise income actual tax burden level, and put forward enterprise policy recommendations for the national.In the theoretical analysis, in terms of industry assets, revenue, profits, tax expenditures, this paper introduced the development of agro-food processing industry and agro-food processing industry.It is found that whether it is from the point of view of profit or total assets, its development is very good in recent years, and all taxes except VAT which is much larger than the corporate income tax expense amounts other taxes were outside; Then, this article introduces the definition of the tax burden, and focus on the difference of defining the nominal income tax burden and the actual income tax burden; then, the paper find that industry scale attract more idle funds and the promotion of social industrial structure upgrade detailed description of the impact of corporate income tax burden on agricultural food processing industry; Finally, the article focus on describing the factors that affect agricultural food processing industry income tax burden in which the empirical regression micro factors are treated as explanatory variables for the industry enterprise income tax rate of real analysis from macro and micro aspects.In the part of empirical analysis,this paper research and analysis from the aspect of descriptive statistical analysis and regression analysis. In the descriptive statistical analysis, the paper analyzes 2010-2014 Agricultural company income tax burden level listed by food processing industry with other industry companies compared. The actual tax rate is significantly lower than the statutory rate, but higher than agriculture, forestry, animal husbandry and fisheries, and food manufacturing. In regression analysis, this paper found that company income tax rate listed by China’s agro-food processing industry is construed actual variable to the scale, capital structure, profitability, capital intensity and concentration of ownership of enterprises as explanatory variables in econometric regression model, and the regression results can be obtained from company income tax rate listed by agro-food processing industry and the actual business size,while asset-liability ratio was significantly positively correlated; and corporate profitability, fixed asset intensity was significantly negatively correlated; and corporate ownership concentration was negatively correlated, but not significantly, according to the results of the regression analysis. In order to ensure the reliability of the regression model, the paper also made a robustness test, the results show the robustness of the model is very good.According to the results of theoretical and empirical analysis, from part of the final results of the sort and summarize, additional empirical results based on a number of recommendations suggested that Government should increase the agro-food processing industry tax incentives to standard agro-food processing industry. The low-interest loans policy and strengthened agro-food processing industry can get big profits from tax regulation.The proposed agro-food processing industry enterprises should rationally control the scale of enterprises, enhance their profitability and make full use of the tax shield effect of fixed assets. In summary, this paper study tax burden on agricultural food processing industry more in-depth and broaden research on agro-food processing industry perspective.Also by means of Excel and Stata software, agro-food processing industry list companies’ financial Empirical data, tax,its income tax burden level and its influencing factors, making up for the agro-food processing industry income tax burden on research gaps.