Research On The Impact Of Tax Credit Rating Disclosure System On Enterprise Tax Compliance

Tax revenue is an important source of fiscal revenue in China,and tax governance is an important component of the national governance system.Improving tax governance capabilities and ensuring full collection of tax receivables has always been a key focus of our reform and development.In 2014,China innovated its tax collection and management model and fully implemented a tax credit rating disclosure system.This measure aims to promote voluntary compliance by taxpayers from the perspective of flexible management,thereby reducing tax losses.Analysis shows that the tax credit rating disclosure system has played a role in reputation mechanisms.Disclosing the list of enterprises with a tax credit rating of A,conveying information to society that the enterprise has a good tax reputation;The emergence of the tax credit rating disclosure system will also be accompanied by joint incentives from tax authorities and other departments for A-level enterprises,allowing enterprises to enjoy preferential treatment in financing,tax services,and other aspects.These have had a positive effect on enterprises actively improving tax compliance from the perspective of flexible tax collection and management.This article uses data from A-share listed companies in China from 2011 to 2020 and,based on a double difference model,uses the 2014 tax credit rating disclosure system as a quasi natural experiment to verify its impact on tax compliance of Chinese taxpayers.The basic regression results show that the tax credit rating disclosure system significantly improves the tax compliance of enterprises,and the model has passed parallel trend tests and placebo tests.Replacing the dependent variable for testing,this improvement effect is still significant.Heterogeneity analysis of the sample found that this improvement effect is more pronounced for state-owned enterprises and large-scale enterprises.This article also empirically verifies that the tax credit rating disclosure system,as a representative of flexible tax collection and management,has a supplementary effect on mandatory tax collection and management.Therefore,in order to further enhance tax governance capabilities and adapt them to the modernization of the national governance system and governance capacity,this article believes that the functional categories of mandatory and flexible tax collection and management should be clarified first,so that the two can work together to govern;Secondly,the legislative level of relevant laws and regulations should be further improved,the tax credit rating disclosure system should be further improved,and the construction of social integrity should also be strengthened to create a good atmosphere for honest taxation.