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ID:50211428
大小:4.81 MB
页数:62页
时间:2020-03-05
《避税行为对企业债务融资的影响研究.pdf》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、EFFECTOFTAXAVOIDANCEFORCORPORATEDEBTFINANCINGABSTRACTTaxavoidanceisanimportanttopicof也ecurrentdom的ticand护internationalresearch.B山化einitialstudiesabo山taxavoidancemainlyfocusedonevast-ionbindividualsnobusines化s.Forcloselh
2、ddsmally,ybusinesseswhoseownersarealsomanaersthebusinessesisassameasg,individualtaxpayersin化emoment.Thenscholarsbegantostudy化ecororatetaxlearninfromthetheoriesofersonaltax.Alotofscholarspgpagree也at化edirecteconomic
3、consequenceoftaxavoidanceis1:0deduct’化ecostfrom也etotalrofitwhichcantbedeductedinothercases.Soitpcanincreasecashn〇wshareholderweal化andcororatevalue.However,,pthelatest也eorstudinfromrindalaent化eorthattaxavoidanceyygppgy
4、makes化ebusinessactivhiesmorecomplexandthedisclosure’in化miationmoKdifficult化undentandanddeliver.Whatsmore,manersmahunrforrofitbycomlexactivities.Thesefactorsmakegygyppitdifficult化understandtheeconomicsubstanceofcompanies
5、for阻investorsandresultsinhiddencost.Therefbre也etaxavoidancedoesnot,necessarilyincreasevalue.Whichkindofeconomicconseuencesthetaxq’avoidancebrin化化ecomaniesreall?Coulditaffectthecomaniesgpypinvestmentandfinancingdecisions?
6、Currentresearchinthisfieldinourcountryisq山化scarce.Itisanareaworthyoffurtherexloration.pThereforetheauthorstudiescurrentresearchdeeplyandmakesdebtfinancinasastartinointtoresearchtheeconomicconseuencesofggpqcorporatet
7、axavoidance.Thentheoutsideinvestorscanunderstandthesubstanceoftaxavoidanceindeth.pInthisarticle,weareinteres1;edin化eefectofabroadspectrumofaggre巧ivetaxavoidancepractices.Wewfertoallofthese-riskengenderingtaxplanning
8、practicesasaggressivetaxavoidance.ItincludesnotonlythemostextremebehaviorswhichcouldbedeemedinaroriatebtheNationalAuditOfficebutalso化etaxlanninpppy
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