The optimal taxation of logistics industry in China
Abstract: Purpose: Putting
forward policy proposes to improve the tax policy of the logistics industry.
Design/methodology/approach: Based on Cobb-Douglas production function
model, combined theoretical analysis, this paper puts forward Cobb-Douglas
production function expansion model, and using the function estimates the
optimal tax burden level of China's logistics industry.
Findings: The result of empirical analysis on the state-owned companies
and the listed companies of transportation and storage industry show that, the
actual tax burden of China's logistics industry is higher than the optimal
taxation. This implies that tax problem has restricted the normal operation of
the logistics industry in China.
Research limitations/implications: Affected by lack of Chinese logistics
industry statistics, we only estimate the optimal taxation of state-owned
logistics enterprises and listed companies of logistics. But, the two samples
are the main force of the logistics industry in China, and the optimal tax
calculation result is close, so we can believe that the calculation results are
representative.
Originality/value: At present, the study of the tax burden on China's
logistics industry is almost blank. This research estimates the optimal tax
burden level of China's logistics industry, and puts forward recommendations to
improve the tax policy of the logistics industry.
Author: Wang Dongmei, Zhou
Cairong, Sun Hejie
Journal Code: jptindustrigg140044
