Can the policy of income taxes merger reduce air pollution emission of enterprises? Evidence from China

Wenjing Ma, Ruitian Wang, Yunlong Li and Junjie Yang

Finance Research Letters, 2024, vol. 69, issue PB

Abstract: This study examines how a uniform income tax rate affects Chinese domestic and international firms in 2008. Specifically, it investigates how this tax policy affects these enterprises’ air pollution emissions through a difference-in-differences (DID) model. Data suggest that implementing the Policy of Income Taxes Merger can effectively decrease the pollutant emission intensity of enterprises. This program aims to provide tax benefits to Chinese domestic firms while addressing pollution emissions by alleviating financial limitations and enhancing production efficiency.

Keywords: Fair taxation; Policy of Income Taxes Merger; Financing constraints; Efficiency of production; Air pollution (search for similar items in EconPapers)
JEL-codes: H23 H32 Q53 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:69:y:2024:i:pb:s1544612324011383

DOI: 10.1016/j.frl.2024.106109

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