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The invisible corporate tax reduction: Evidence from new industrialization

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Listed:
  • Huang, Meiying
  • Yuan, Yimeng
  • Zhang, Yi
  • Huang, Yongjian

Abstract

This study examines the impact of new industrialization on corporate tax burdens. Based on data of Chinese listed firms from 2008 to 2022, we find that new industrialization significantly reduces firms’ tax burdens by enhancing information transparency and improving supply chain efficiency. The effect is more pronounced among state-owned enterprises, firms with lower financial constraints, and those operating in high-tech, heavy-polluting, and capital-intensive industries.

Suggested Citation

  • Huang, Meiying & Yuan, Yimeng & Zhang, Yi & Huang, Yongjian, 2025. "The invisible corporate tax reduction: Evidence from new industrialization," Finance Research Letters, Elsevier, vol. 83(C).
    • Handle: RePEc:eee:finlet:v:83:y:2025:i:c:s1544612325010086
    DOI: 10.1016/j.frl.2025.107750
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    References listed on IDEAS

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