Issue |
SHS Web Conf.
Volume 218, 2025
2025 2nd International Conference on Development of Digital Economy (ICDDE 2025)
|
|
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Article Number | 04023 | |
Number of page(s) | 7 | |
Section | Digital Economy Policy: From Governance to Inclusion | |
DOI | https://doi.org/10.1051/shsconf/202521804023 | |
Published online | 03 July 2025 |
The Effects of VAT Credit Refund Policy Implementation on Businesses
School of Public Finance and Taxation, Henan University of Economics and Law, 450046, Henan Province, China
* Corresponding author: 202334160618@stu.huel.edu.cn
Employing a qualitative methodology through literature review and synthesis, this study systematically analyzes the impacts of the VAT credit refund policy on enterprises. Findings reveal that the policy enhances corporate resilience by improving liquidity, supports digital and green transformations, and boosts labor productivity through optimized human capital structures. Nevertheless, challenges such as prevalent tax fraud and misalignment between policy design and dynamic corporate transformation needs may undermine long-term efficacy. Future efforts should focus on strengthening regulatory mechanisms, refining policy coordination, and exploring industry-specific optimization pathways to maximize policy benefits and foster high-quality growth in the real economy. The findings can inform government efforts to refine regulatory frameworks and improve relevant policy coherence, while providing practical guidance for enterprises to leverage policy tools effectively and achieve sustainable development. Ultimately, this research contributes to advancing the goal of high-quality growth in the real economy and giving a basis for the future empirical research.
© The Authors, published by EDP Sciences, 2025
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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