지주회사집단 소속회사의 조세회피 성향에 대한 연구

The aim of this study is to verify how holding companies’ propensity of tax avoidance is different from companies in general. In addition, in order to analyze the impacts a holding company has on its tax avoidance, the differences between businesses which belongs and do not belong to a holding company were analyzed, and how the fact whether a company belongs to a holding company or not affects its propensity of tax avoidance were verified. The following are the results of the analysis of an actual proof. Firstly, through an established theory related to tax avoidance which is based on the characteristics of a holding company system and an actual proof analysis, it is proven that holding companies avoid tax less than companies in general. This shows that the characteristics of the system of a holding company are directly reflected in a subsidiary company’s accounts information. There is little or no reason for subsidiaries to avoid tax since they are taking full advantage of merits their parent companies’ system have. Secondly, an actual proof analysis of the relations between the number of affiliated companies and the propensity to tax avoidance is conducted. Businesses which belong to a holding company have less propensity for tax avoidance than companies in general. However, only within the subsidiary companies, it is verified that the more the number of affiliates a companies are, the higher the propensity is. Thus, the second intent of this research is not only to highlight the merits a holding company has with regard to tax avoidance, but also to reveal the relation between the number of subsidiaries and tax avoidance by analyzing the structural aspects of a holding company. On the basis of the results of this study, it is suggested that countermeasure for the system of a holding company and business groups which operate it is needed, and more follow-up studies have to be done on the topic.