Inquiry Letters and Tax Aggressiveness  

作　　者：Yewei Wu Bofu Zhang 

机构地区：[1]School of Economics and Management,Tongji University,China

出　　处：《China & World Economy》2023年第4期37-65,共29页中国与世界经济（英文版）

基　　金：support from the National Natural Science Foundation of China (No.72272108).

摘　　要：This study examined the impact of inquiry letters on corporate tax aggressiveness based on the special inquiry system in Chinese stock exchanges.It found that the receipt of inquiry letters significantly inhibited tax aggressiveness.The channel through which inquiry letters worked involved a monitoring effect on related-party transactions.The disincentive effect of inquiry letters on corporate tax aggressiveness was mainly found in firms with overseas operations,low-quality of internal control,and weak tax enforcement.Examining the textual information in inquiry letters,the results show that more questions and the demand for a specific opinion from the auditor led to a greater disincentive effect.The level of detail in firms'reply letters weakened this disincentive effect.Finally,the disincentive effect of tax aggressiveness was more pronounced when inquiry letters pointed to tax-related issues.

关 键 词：disincentive effect inquiry letters related party transactions tax aggressiveness 

分 类 号：F812.42[经济管理—财政学]