중소기업유효세율 결정요인과 영향분석 - SSBF 데이터를 활용하여

The goal of this research is to analyze the significant factors against effective SME tax rate and verify that it could have an effect on the bankruptcy. By using 2003 SSBF survey data, The results are as followed. First, in the countrywide level, business size and debt ratio had negative effect on the tax rate. Second, according to industry level analysis, the sum of the three largest owner's share and the number of employees have positive impact on SME tax rate in manufacturing. Furthermore, in resale and wholesale industry, the increase in debt ratio results in decrease in SME tax rate. Third, according to the SME classifications, small business demonstrated that fixed investment ratio has positive impact on SME tax rate. In addition, medium enterprises show that profit and the education level of the first largest owner causes SME tax rate to increase. Finally, I tested whether SME tax rate might have relation with bankruptcy but there was no statistically significant results in logistic regression model. With these statistical results, financial crisis requires Korean government to furnish enormous amount of liquidity into banks as SME relieving policy fund which definitely charge us governmental process cost. Consequently, tax support system should be another method to alleviate liquidity shortage in SMEs in order to minimize moral hazard in banking system and to avoid complicate governmental processes.