Duan, Binglei; Ma, Xinxiao; Tang, Taijie; Zheng, Guojiang - In: China journal of accounting research : CJAR 14 (2021) 2, pp. 129-149
value-added tax reform" (hereafter, "VAT reform") as a natural experiment, we examine the impact of this reform on a … particular corporate cost: audit fees. We find audit fees to be 8.11% higher for VAT reform firms than for non-VAT reform firms …. This difference does not exist before or after the reform year. That is, it is only observed in the year of VAT reform …