The Impact Of Big Data Tax Collection And Management On The Profit Shifting Of Multinational Companies

Big data technology has accelerated the operation and development of the economy and promoted the advent of the era of "digital economy".For the tax collection and administration system that introduces big data information technology,some studies have examined the policy effect of big data tax collection and management,but few studies have paid attention to the impact on the profit shifting of multinational companies.The choice of multinational companies to use overseas related party transactions for profit shifting has put forward higher requirements for anti-tax avoidance measures in various countries.Among them,the use of big data and information technology to innovate tax management methods is currently a common practice in anti-tax avoidance practices in countries around the world.The informatization construction of the big data tax collection and management system by the tax department strengthens the national tax collection and management on the one hand,and on the other hand,it is also conducive to better coping with the erosion of the tax base caused by the transfer of profits by multinational companies,preventing the loss of national taxes,and promoting the modernization of national governance of tax services.This paper aims to explore the effectiveness of big data tax collection and management in the profit transfer of multinational companies from the starting point of the problem of profit transfer of multinational companies,and take Chinese listed companies from 2010 to2020 as the research object,through the policy of "Golden Tax Phase III" project,this paper deeply depicts big data tax collection and management,and uses "Golden Tax Phase III" as a quasi-natural experiment for empirical analysis,in order to obtain more accurate conclusions.The results show that big data tax collection and management can effectively reduce the degree of profit shifting of multinational companies.The mechanism shows that big data tax collection and management can affect the profit transfer of multinational companies by reducing the degree of information asymmetry,and can also promote the tax compliance of multinational companies by improving the tax collection and management analysis capabilities.It is further found that for companies with relatively low audit quality and high financing needs,big data tax collection and management can also play a greater role in their profit transfer.This paper discusses the economic benefits of big data tax collection and management in depth,provides a collection and management direction for China to properly handle the tax avoidance problem of multinational companies and participate in the construction of the international tax governance system,and also provides a strong theoretical support for our country to strengthen the construction of tax collection and management system in the context of digital economy.