The Impact of Internet Use on Corporate Tax Avoidance: Evidence from Chinese Enterprises

Table 12

Evidence of acquisition planning strategies.

Variables	(1)	(2)	(3)
	VAT	VAT	VAT
Web	−0.001	−0.001	−0.001
	(0.000)	(0.000)	(0.000)
Constant	0.034	0.013	0.133
	(0.000)	(0.001)	(0.446)
Observations	1,417,428	1,065,563	1,065,563
R-squared	0.676	0.700	0.700
Control variables	NO	YES	YES
Industry trend	NO	NO	YES
Provincial trend	NO	NO	YES
Individual FE	YES	YES	YES
Time FE	YES	YES	YES

Note. ^∗∗∗, ^∗∗, and ^∗ indicate the significance level of 1%, 5%, and 10%, respectively, and the t statistic value is in parentheses.