喻园管理论坛2023年第109期(总第932期)

演讲主题: 企业所得税规避是否削弱了环境税在促进环境可持续性方面的作用？

主 讲 人： 吴楷纾，加拿大滑铁卢大学助理教授

主 持 人:   郑长军，会计与财税系教授

活动时间: 2023年12月29日（周五）10:00-12:00

活动地点: 管院大楼119室

主讲人简介：

吴楷纾，加拿大滑铁卢大学会计学助理教授，已在The Accounting Review, Advances in Taxation等期刊发文。获得国家自然基金项目一次。曾担任The Accounting Review, Journal of the American Taxation Association, Journal of Accounting, Auditing, and Finance, Asia Pacific Journal of Accounting and Economics, China Accounting and Finance Research 等期刊审稿人。

活动简介：

Environmental taxation aims to improve firms' environmental performance by increasing the cost of polluting. We find that highly polluting Chinese firms increase income tax avoidance to offset additional costs caused by China's Environmental Protection Tax Law. This effect is stronger for firms with greater financial constraints, firms in provinces with higher environmental tax rates and greater emphasis on environmental protection and firms with lower income tax avoidance prior to the law. Further, while the environmental tax on average improves polluting firms' environmental performance at the cost of their financial performance, these effects are muted for firms that increase income tax avoidance. Overall, our findings suggest that the role of environmental taxation in promoting environmental sustainability is undermined by firms income tax avoidance. Our study provides important policymaking implications by identifying an unintended consequence of environmental taxation and showing how different taxes interact with each other.