Influence of Tax Reduction and Fee Reduction Policy on the Value of Manufacturing Enterprises in Guangdong Province
This article takes the A-share listed manufacturing industries in Guangdong Province as a sample to analyze the impact of tax reduction policies on the value of manufacturing enterprises in Guangdong Province by constructing a fixed effect model. The result reflects that, at this stage, the overall tax burden rate of A-share listed manufacturing industries in Guangdong Province is high. The value of enterprises is relatively low, the corporation value and its overall tax burden have a high level of correlation. This paper gives some suggestions for manufacturing companies in Guangdong Province on how to use the tax and fee reduction policies to promote their development.
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