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

Table 5

Benchmark regression.

Variable	(1)	(2)	(3)
	Rate 1	Rate 1	Rate 1
Web	0.006	0.012	0.012
	(0.001)	(0.001)	(0.001)
Constant	0.132	−0.006	5.122
	(0.000)	(0.005)	(2.535)
Observations	1,417,428	1,065,563	1,065,563
R-squared	0.541	0.568	0.569
Control variable	NO	YES	YES
Industry trend	NO	NO	YES
Province trend	NO	NO	YES
Individual FE	YES	YES	YES
Time FE	YES	YES	YES

Note. ^∗, ^∗∗, and ^∗∗∗ are significant at the levels of 10%, 5%, and 1%, respectively. The values in brackets are enterprise-level clustering standard errors.