Abstract:

This paper takes Shanghai-Shenzhen A-share listed companies from 2011 to 2023 as research samples to empirically test the impact of tax and fee reduction policies on enterprises' digital transformation, and explores the mechanism between the two from the perspective of business environment. The research shows that: tax and fee reduction policies significantly promote the digital transformation of enterprises, and business environment optimization significantly promotes the digital transformation of enterprises; The business environment plays a positive regulating role between tax and fee reduction policies and enterprises' digital transformation. In the heterogeneity test, the impact of tax reduction and fee reduction policy and business environment on the digital transformation of enterprises is asymmetrical, that is, the promotion effect of tax reduction and fee reduction policy and business environment on the digital transformation of non-state-owned enterprises, enterprises in the early stage, enterprises in the decline stage and enterprises in the eastern region is more significant. Based on this, while improving the tax structure to effectively reduce the burden on enterprises, the government should strengthen the construction of digital infrastructure in different regions, optimize the business environment, and promote the digital transformation of enterprises to promote high-quality development.

Key words: tax reduction and fee reduction policy, business environment, enterprise digital transformation, regulating effect