TITLE:
An Empirical Analysis of the Factors Affecting the Tax Burden of China’s Banking Industry
AUTHORS:
Yu Zhang
KEYWORDS:
Banking Industry, Tax Burden, Comparative Analysis, Empirical Analysis
JOURNAL NAME:
Technology and Investment,
Vol.10 No.2,
May
31,
2019
ABSTRACT: The taxation system, as a key external factor directly related to the survival
and development of the banking industry, has become the focus of theoretical
research on the classification of finance and monetary. This paper takes the
tax burden of the banking industry as the research object. The theoretical part
combines the research status at home and abroad. Through a series of
cross-country and cross-time comparative analysis, also supplemented by the
mathematical model of empirical analysis, the fact that current banking industry
is over-taxed comparatively has been scientifically and powerfully
demonstrated. The fact is that the tax burden is relatively heavy. The empirical
part focuses on the research and tests the factors that cause the tax burden
and the related tax system to be biased, and from the above-mentioned influencing
factors, to achieve targeted policy for the reform of China’s banking
tax system. At the end of this paper, policy suggestions are provided for the
above conclusions.