大数据税收征管与企业避税天堂直接投资——基于“金税三期”的准自然实验  

Big Data Tax Administration and Direct Investment in Tax Havens by Enterprises:A Quasi-Natural Experiment Based on the “Golden Tax Project Phase III”

作　　者：屠雯珺 李婉宁 华秀萍[3] TU Wenjun;LI Wanning;HUA Xiuping

机构地区：[1]宁波大学商学院 [2]合肥大学经济与管理学院 [3]宁波诺丁汉大学商学院

出　　处：《宁波大学学报（人文科学版）》2024年第4期103-118,共16页Journal of Ningbo University：Liberal Arts Edition

基　　金：浙江省自然科学基金一般项目“大数据税收征管、对外直接投资和企业避税”(LY22G020002);教育部人文社会科学研究基金青年项目“双元制度情境下企业外部能力对海外并购价值影响研究”(19YJC630158);国家社会科学基金一般项目“金融科技背景下类金融机构风险防控与监管创新研究”(19BJY252)。

摘　　要：基于“金税三期”工程应用的准自然实验,运用双重差分法从避税天堂直接投资视角,探究大数据税收征管对企业对外直接投资行为的影响,可发现大数据税收征管对企业避税天堂直接投资具有显著的抑制作用。机制研究表明,大数据税收征管通过增强税收征管分析能力、降低信息不对称和提高制度环境质量,有效抑制了企业避税天堂直接投资。进一步研究发现,在无政治关联和内外部治理环境较弱的企业,大数据税收征管对避税天堂直接投资的抑制作用更为显著。此外,上述抑制作用具有行业异质性,在市场竞争较激烈和科技密集型行业中更为显著。研究拓展了大数据税收征管背景下企业对外直接投资的研究,阐明了大数据技术在抑制企业国际避税中的作用,为我国政府进一步参与全球税收治理,护航和规范我国企业“走出去”提供了有益的政策启示。Based on a quasi-natural experiment of the “Golden Tax Project Phase III”,the study employs the difference-in-differences method to investigate the impact of big data tax administration on firms' outward direct investment behavior from the perspective of direct investment in tax havens.It is found that big data tax administration significantly suppresses firms' direct investment in tax havens.Mechanism research indicates that big data tax administration effectively inhibits direct investment in tax havens by enhancing tax administration analysis capabilities,reducing information asymmetry,and improving the quality of the institutional environment.Further research reveals that the inhibitory effect of big data tax administration on direct investment in tax havens is more significant in firms without political connections and with weaker internal and external governance environments.Moreover,the inhibitory effect is industry-specific,being more pronounced in industries with intense market competition and technology-intensive sectors.This study expands the research on firms' outward direct investment under the background of big data tax administration,clarifying the role of big data technology in curbing corporate international tax avoidance.It provides valuable policy insights for the Chinese government to further participate in global tax governance and to safeguard and regulate Chinese firms “going out”.

关 键 词：大数据 税收征管 避税天堂 “金税三期”工程 

分 类 号：F275[经济管理—企业管理]