대규모기업집단 특성에 따른 조세부담에 관한 연구 －총수 지분율과 상장 여부를 중심으로－ = An Empirical Study of Characteristics on Tax Burden in Large Business Groups －Focusing on Head Share and Listing-

다국어 초록 (Multilingual Abstract)

This study analyzed the difference of tax burden between large business groups according to ‘The monopoly Regulation and Fair Trade Act’ and general groups using financial data of companies required for statutory audit between 2009 and 2013. Also, this study analyzed the difference of tax burden in large business groups by characteristics. Especially, based on preceding research, we focused on the existence of the head of the company, whether public groups or not, and listed or not.
As a result, there were no significant differences of tax burden between companies of large business groups and general groups. Also, appointed large business groups had no effect on their tax burden.
This means that the designation of large business groups is just an administrative and in artificial manner.
In large business groups, tax burden of business groups with the head of the company is higher than that of business groups without the head of the company, but leader share had negative influence on the tax burden of companies. In other words, the companies with the head of the company seemed to bear tax as political expense and be conscious of external information users like investors. But, as their the head of the company shares grow larger, they seemed to seek profit for themselves internally through a tax minimization strategy. Also, the difference of tax burden between public groups and civil groups was not found, and whether public groups or not, it did not significantly influence on the tax burden of companies in large business groups. On the other hand, whether listed or not did not have a significant positive effect on the tax burden of companies in large business groups. This means that groups with the head of the company pursued a complex tax strategy where they selected listed companies for the purpose of providing positive external information regarding high tax burden and chose non－listed companies easy to handle for reducing the tax burden internally.
This study figured out the different tax burden by different characteristics of large business groups, in order to find out the tax planning of each group. Hereby, we think this study can guide significant implication to regulation authorities such as the National Tax Service and Fair Trade Commission for effective achievement of policy. In addition, this study is meaningful to disclosing the status that groups with the head of the company pursue a complex tax strategy where they provide positive information effect through high tax burden of listed companies and select non listed companies easy to handle for reducing the tax burden internally.

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