| The essential measure of redistributing of social income is,a social stability,taxation,which is also the important source of national finance income.But tax is an important financial cash expenditure for enterprises.Driven by the maximization of profits,the contradiction between state tax and corporate tax is increasingly fierce,and corporate tax avoidance is increasingly common.Studies have shown that increasingly number of senior managers participated in political life via engaging in deputies to the National People’s Congress or CPPCC members,and a variety of government officials “conduct business transaction”,which has great political influence.Is there a connection behind the phenomenon? The media attention is a vital mechanism for company to treat the externality.What impact will this have on the tax avoidance behavior of companies?From the perspective of freedom of tax discretion,rent-seeking theory and effective supervision hypothesis of media attention,this paper uses empirical methods such as least square method,quantile regression method and robust regression to explore the relationship among political relevance,media attention and corporate tax avoidance effect.Through empirical analysis,compared with ordinary enterprises,the tax planning scheme of politically related enterprises is more radical.However,as the level of tax avoidance rises,the role of political association in promoting corporate tax avoidance will gradually weaken.Media attention can significantly inhibit corporate tax avoidance,but with the increase in the degree of corporate tax avoidance activism,the inhibition effect is gradually weakened;In China’s special economic system,media attention plays a positive role in regulating the tax avoidance behavior of politically connected enterprises,that is,media attention will promote the degree of tax avoidance activism of politically connected enterprises.With the increase of company’s degree of radicalization,the positive moderating effect of media decreases. |
