摘要
2015年开始,稀土资源税展开了"从量"到"从价"计税方式的改革,稀土资源税改革自此进入实质性阶段。本文运用事件研究法分析此次改革对稀土企业价值产生的影响,实证结果表明,从价计征改革给稀土行业带来了正向价值效应;无论是前端企业还是后端企业,在事件日都取得了较高的正异常报酬率;前端企业获得的累计异常报酬率始终高于后端企业。最后,笔者此基础上提出设置合理的浮动税率、改革计税依据等建议。
In 2015,rare earth resource tax has launched a reform of taxation method from 'Specific Duty 'to'AD valorem,which means rare earth resource tax reform had entered substantial stage.Based on Event study method,this paper analyzes the impact of rare earth resource tax reform on enterprise value.Empirical results show that the AD valorem duty reform increased rare earthindustry's value;On the event day,both front-end and back-end enterprises have achieved high positive abnormal returns;Front-end enterprises obtained higher cumulative abnormal return rate than the back-end enterprises.According to the results,this paper propose some suggestions,such as setting up reasonable floating rate,reforming the basis of tax computation.
出处
《财会通讯（中）》
北大核心
2016年第9期37-39,共3页
Communication of Finance and Accounting
基金
国家社会科学基金项目"促进稀土行业持续健康发展的资源环境税收政策研究"(项目编号:12BJY 137)
国家自然科学基金应急研究项目"基于税费视角的稀土资源开发利用中的环境价值补偿政策研究"(项目编号:71241024)阶段性研究成果
关键词
稀土行业
资源税
从价计征改革
事件研究法
Rare earth industry
Resource tax
AD valorem duty reform
Event study
