Research On The Influence Of Tax Collection And Administration Informatization On Enterprise Performance

In the context of a new round of scientific and technological revolution and industrial transformation triggered by modern information technologies such as the Internet,big data and artificial intelligence,tax collection and administration informatization has become an important support for promoting tax collection and administration reform and realizing the modernization of tax governance system and governance capacity.After years of construction,Chinese tax collection and management information has made remarkable achievements.As a major information project in China,the "Golden Tax Phase Ⅲ" project has greatly improved the quality and efficiency of tax collection and management,and realized the national data networking in a real sense.With the help of informatization,the tax collection and management system is constantly improved,tax service is optimized,and tax risk warning is enhanced.The time strategy of information management tax is realized,and the representative project and important milestone of tax informatization construction are realized.In order to draw a blueprint for smart taxation,the "Gold Tax Phase IV" project has been launched to comprehensively promote the digital transformation of tax collection and administration,and comprehensively improve the capacity of information tax administration.At the same time,as the main body of market activities,enterprises are the core force to promote highquality economic development,and the pursuit of enterprise value maximization is the driving force of enterprise development.Strengthening the tax collection and management ability will directly affect the business behavior of enterprises,and the performance of enterprises reflects the efficiency of business activities and the ability of sustainable development.Therefore,studying the impact of "Golden Tax Phase Ⅲ" project on enterprise performance at this point is not only conducive to deepening the tax informatization construction,but also provides empirical evidence and improvement suggestions for "Golden Tax Phase IV" project.It also helps enterprises to adapt to the information collection and management environment suggestions,promote the enterprise self-revolution.Based on this,this paper first summarizes the literature related to tax collection and administration informatization and enterprise performance,analyzes the relationship between tax collection and administration informatization and enterprise performance from the theoretical level based on the hypothesis of limited rational economic man,information asymmetry and principal-agent theory,and builds an analysis framework for the impact of "Golden Tax Phase Ⅲ" project on enterprise performance.From the perspective of enterprise tax burden and principal-agent cost,this paper discusses the influence of tax collection and administration informatization on enterprise performance,and puts forward research hypotheses.Then,this paper analyzes the development process and current situation of tax collection and management information construction in a realistic level,summarizes the existing problems of tax information construction,and analyzes the current situation through the four ability indicators of enterprise performance of listed companies.Then,the empirical analysis is carried out.The A-share listed companies in Shanghai and Shenzhen from 2010 to 2020 are selected as research samples.With the help of the quasi-natural experiment of "Golden Tax Phase Ⅲ" project,the influence of tax collection and administration informatization on enterprise performance is explored by using the method of differential difference,and four robustness tests are carried out.At the same time,it explores the influence of tax collection and administration informatization on enterprise performance through the two paths of enterprise tax burden and agency cost,and further explores its heterogeneity in enterprise property rights and enterprise scale.The findings are as follows:(1)The implementation of the "Golden Tax Phase Ⅲ" project significantly improved enterprise performance.Four robustness tests were used to ensure the accuracy of the results.(2)On the one hand,after the "Golden Tax Phase Ⅲ" project went online,the tax burden of enterprises was increased,thus reducing the performance of enterprises;On the other hand,after the "Golden Tax Phase Ⅲ" project went online,the principal-agent cost of enterprises was reduced,thus the performance of enterprises was increased,and the final impact was promoting.(3)The promotion effect of "Golden Tax Phase Ⅲ" project on enterprise performance varies due to different enterprise property rights and enterprise size.From the perspective of enterprise property rights,the "Golden Tax Phase Ⅲ" project significantly improves the performance of private enterprises,but has no obvious effect on the performance of stateowned enterprises.From the perspective of enterprise size,the "Golden Tax Phase Ⅲ" project has a significant effect on the enterprise performance of large enterprises,but has no obvious effect on the enterprise performance of small enterprises.Based on the above research results,combined with the current situation of tax collection and management information,the following countermeasures and suggestions are put forward: first,continue to optimize the tax management information system,improve the tax information level;Second,actively promote tax-related information legislation,promote tax administration according to law;Third,we will intensify the reform of tax and fee cuts and implement tax incentives.Fourth,strengthen the construction of IT talents and optimize tax service.