环境规制对公司税负具有重要影响,但这种影响具有不确定性。本文以2009—2014年沪深A股制造业上市公司为样本,检验了环境规制对公司税负的影响。研究结果表明,随着环境规制强度的增加,公司整体税负、所得税税负与增值税税负均显著下降。区分所有权性质、公司规模、是否为重污染公司和地区税收征管强度的进一步检验发现,环境规制使得国有公司整体税负的降幅显著低于非国有公司,大规模公司整体税负降幅显著高于小规模公司,重污染行业公司整体税负比非重污染行业公司下降更多,以及税收征管强度高的公司整体税负降幅低于税收征管强度低的公司。环境规制引发的公司整体税负降低显著提升了公司价值。本文丰富了环境规制的经济后果文献,同时拓展了公司税负的影响因素研究。 Environmental regulation has a significant impact on the corporate tax burden, but the impact is uncertain. This paper examines the impact of environmental regulation on corporate tax burden from 2009-2014 listed companies in Shanghai and Shenzhen A-share manufacturing industry. The results show that with the increase of environmental regulation intensity, the company’s overall tax burden, income tax burden and VAT tax burden both dropped significantly. A further examination of the nature of ownership, the size of the company, whether it is a heavy-polluting company, and the intensity of tax collection in the region found that environmental regulation made the overall tax reduction of state-owned companies significantly lower than that of non-state-owned companies. The overall tax scale of large- Scale companies, heavily polluting industries, the overall tax burden than non-polluting industries more companies, and tax collection high intensity of the company’s overall tax decline lower than the tax collection strength of low-cost companies. The overall corporate tax burden triggered by environmental regulation has significantly increased the value of the company. This article enriches the literature on the economic consequences of environmental regulation and at the same time expands the study on the factors that influence corporate tax burden.