A Study On The Effect Of Tax Reduction And Fee Reduction On The Automobile Manufacturing Industry

Since 2015,China began to implement tax reduction and fee reduction policies,covering most of the existing taxes,social insurance premiums and special preferential tax policies.The purpose is to reduce the tax burden of enterprises and promote the development of enterprises.As of 2019,the tax and fee reduction policy has achieved great results,and most enterprises benefit from it.However,it is worth noting that the revenue of automobile manufacturing industry will show negative growth in 2019.Part of the reason may be the self-development of automobile manufacturing industry,but is it related to its own tax burden?Therefore,this paper studies the tax reduction effect of tax reduction on automobile manufacturing industry,and puts forward some suggestions for the development of automobile manufacturing industry.Firstly,this paper combs the theory of tax burden and analyzes the rationality of tax reduction and fee reduction,which lays solid foundation for the following empirical research;secondly,it makes a statistical analysis of the tax burden of the automobile manufacturing industry to get its development trend,and then combines with the comparative analysis of the tax burden of the automobile manufacturing industry and other industries to get the comprehensive tax burden of China's automobile manufacturing industry.The statistical analysis shows that the tax burden of automobile manufacturing industry is heavier than other industries,but it shows a downward trend during the period of tax reduction and fee reduction policy.This reveals that tax reduction can reduce the tax burden of automobile manufacturing industry.In order to study the tax reduction effect of tax reduction and fee reduction on automobile manufacturing industry,91 automobile manufacturers are selected to carry out the fixed effect panel regression analysis and intermediary effect test.During the fixed effect panel regression analysis,this paper analyzes the heterogeneity of the size and type of automobile manufacturing enterprises,and introduces the intensity of tax collection and management to verify the mechanism.Last,the results show that: first,tax reduction and fee reduction have a greater tax reduction effect on the automobile manufacturing industry,especially for large-scale automobile manufacturing enterprises and automobile manufacturing enterprises;second,the intensity of tax collection and management weakens the tax reduction effect on the automobile manufacturing industry to a certain extent;third,tax reduction and fee reduction can reduce the actual tax burden of automobile manufacturing enterprises by increasing the turnover rate of total assets and the expansion rate of fixed assets.In terms of research ideas,this paper first makes a comparative analysis of the macro data of the automobile manufacturing industry,and then makes an empirical analysis of the tax reduction effect of tax reduction on the micro data of automobile manufacturing enterprises.This train of thought not only explains that tax reduction and fee reduction reduce the tax burden of automobile manufacturing industry from the macro aspect,but also studies the tax reduction effect of tax reduction and fee reduction on automobile manufacturing enterprises from the micro aspect,and comprehensively and stereoscopically studies the tax reduction effect of tax reduction and fee reduction on automobile manufacturing industry.Finally,this paper puts forward policy suggestions based on the theoretical and empirical research of tax reduction effect on automobile manufacturing industry and the development of automobile manufacturing enterprises.