Effects Of Tax Reduction Research Articles

Research on the Impact of Actual Tax Bearing Rate on the Financial Performance of Enterprises.

This paper is based on financial data analysis of 241 listed pharmaceutical manufacturing enterprises in China, we study the different effects of different tax reduction policies on the financial performance of enterprises in the short term and long term. Through the verification of practical examples, it could be found that the implementation of a tax reduction policy can indeed play a positive role in the financial performance of enterprises, and the reduction of income tax significantly improves the short-term financial performance of enterprises. However, the tax reduction of turnover tax significantly enhances the long-term financial performance of enterprises, and the effect of tax reduction on the financial performance of state-owned enterprises is better than that of non-state-owned enterprises. Generally speaking, tax reduction policy has a better effect on the financial performance of non-state-owned enterprises and enterprises in central and western regions than state-owned enterprises and enterprises in eastern regions.

The Effects of Tax Reduction and Fee Reduction Policies on the Digital Economy

The digital economy is the future of the world in terms of both contemporary trends and opportunities. Developing the digital economy is a practical way of strategically re-thinking network power and digital China and is the only way to achieve successful growth in countries’ development economies and seize a commanding position for future development. Tax reductions, which promote high-quality economic development and preserve the overall situation of national governance, are an important measure for all countries to cope with economic pressure. In recent years, China has successively introduced and continuously expanded a series of tax and fee reduction policies that have played an important role in stabilizing its economy and vigorously developing its digital economy. This study consists of six sections. The first section provides an overview of the digital economy, introducing its definitions and connotations as well as the significance of developments of the digital economy. The second section is a literature review of tax and fee reductions; the research results in this field for countries around the world are summarized based on the three perspectives of research objects, tax-reduction-policy effects and research methods and data. The third section describes the impact of tax reductions and fee reductions on China’s digital economy from an international perspective. Through the 2019 Forbes Global Top 100 Digital Economy List, this article analyzes the global digital economy corporate structure, observes the positive effects of tax and fee reductions on Chinese digital economy companies and compares the impact of tax cuts and fee reductions on digital economy companies in China, the United States and other countries. Stata software was used to conduct an empirical analysis on the panel data of digital economy companies from both macro and micro perspectives and Analysis of the Effects of Tax and Fee Reduction Policies in the Digital Economy presents an evaluation of the policy effects of tax cuts and fee reductions on digital economy companies from multiple aspects. China does not have a systematic tax and fee reduction policy that is compatible with digital economy development and its investments in large digital economy companies can be increased, as discussed in Problems of Tax and Fee Reduction and Policies in China’s Digital Economy. In Policy Recommendations for Tax and Fee Reductions in the Digital Economy, we recommend that China improves and optimizes its tax and fee policies to increase tax incentives for independent innovation and high-level talent.

System Structure of Agent-Based Model Responsible for Reproducing Business Cycles and the Effect of Tax Reduction on GDP

Validation has been an important issue in using the ABM approach. It has been pointed out that deriving the necessary conditions for reproducing specific macro behavior is difficult due to the functional complexity of the models. However, based on the authors’ experience in ABM, we believe it is possible to define the necessary conditions for reproducing each macro behavior by using the structure of the system to express the input conditions. In the present study, a series of computer experiments are conducted to verify this idea. The study analyzes business cycles and the effect of tax reductions on GDP as examples of fundamental macro behaviors of economic systems. The results indicate that the essential model structures for reproducing business cycles and the effects of tax reduction are credit creation for investment and factors relating to the inefficiency of the government’s, household’s, and firms’ expenditures, respectively.

System Structure of Agent-Based Model Responsible for Reproducing Business Cycles and the Effect of Tax Reduction on GDP

Validation has been an important issue in using the ABM approach. It has been pointed out that deriving the necessary conditions for reproducing specific macro behavior is difficult due to the functional complexity of the models. However, based on the authors’ experience in ABM, we believe it is possible to define the necessary conditions for reproducing each macro behavior by using the structure of the system to express the input conditions. In the present study, a series of computer experiments are conducted to verify this idea. The study analyzes business cycles and the effect of tax reductions on GDP as examples of fundamental macro behaviors of economic systems. The results indicate that the essential model structures for reproducing business cycles and the effects of tax reduction are credit creation for investment and factors relating to the inefficiency of the government’s, household’s, and firms’ expenditures, respectively.

Model Structure of Agent-Based Artificial Economic System Responsible for Reproducing Fundamental Economic Behavior of Goods Market

Validation has been an important issue in using the ABM approach. It has been pointed out that deriving the necessary conditions for reproducing specific macro behavior is difficult due to the functional complexity of ABMs. However, based on the authors’ experience with ABMs, we believe it is possible to define the necessary conditions for reproducing each macro behavior by using the structure of the system to express the input conditions. In the present study, a series of computer experiments are conducted to verify this idea. The study analyzes business cycles and the effect of tax reductions on GDP as examples of fundamental macro behaviors of economic systems. The results indicate that the essential model structures for reproducing business cycles and the effects of tax reduction are credit creation for investment and factors relating to the efficiency of the government’s, household’s, and firms’ expenditures, respectively.

Influential factors responsible for the effect of tax reduction on GDP

The factors responsible for the effect of a tax reduction on GDP are analyzed using both agent-based modeling, based on the authors’ previous study, and a derived set of equations for tax reduction multipliers, based on Morishima’s economic linkage table. The findings are that, under the condition of balanced government finance, the tax reduction multiplier is determined by the difference between the increase in demand by consumers or firms as a result of the tax reduction and the decrease in demand by the government. To increase the effect of a tax reduction, it is necessary that the increased disposable income of consumers or firms, as a result of the tax reduction, is more likely to be used for consumption and investment. The analyzed factors that are proved to be indispensable to reproduce positive influence of a tax reduction in ABM are consistent with this mechanism.

The Effect of Tax Reduction and Exemption on Local Financial Equality: Focused on Municipalities by City(si) and County(gun)

The Effect of Tax Reduction and Exemption on Local Financial Equality: Focused on Municipalities by City(si) and County(gun)