Explaining the Difference in Countries’ Level of Tax Avoidance. An Empirical Investigation of Exemplary Drivers PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Explaining the Difference in Countries’ Level of Tax Avoidance. An Empirical Investigation of Exemplary Drivers PDF full book. Access full book title Explaining the Difference in Countries’ Level of Tax Avoidance. An Empirical Investigation of Exemplary Drivers by Simon Falcke. Download full books in PDF and EPUB format.
Author: Simon Falcke
Publisher: diplom.de
ISBN: 3961163553
Category : Political Science
Languages : en
Pages :
Get Book Here
Book Description
This thesis contributes to the large literature of drivers of tax avoidance, for example tax system characteristics or the degree of tax incidence, by investigating which kind of firms drive the discovered difference in tax avoidance between countries. Thereby, it tries to answer the question which kind of firms benefit the most from common tax mechanisms and thus use them the most. By doing so, this thesis focus on firm characteristics that are not part of the tax system itself, but rather are common characteristics associated with a difference in tax avoidance. Moreover, the research is complemented by investigating some tax related country characteristics to answer the question whether the observed firm-tax avoidance correlations differ depending on certain country-specific factors. The thesis therewith further completes the explanation for the difference between the degree of tax avoidance in different countries
Author: Simon Falcke
Publisher: diplom.de
ISBN: 3961163553
Category : Political Science
Languages : en
Pages :
Get Book Here
Book Description
This thesis contributes to the large literature of drivers of tax avoidance, for example tax system characteristics or the degree of tax incidence, by investigating which kind of firms drive the discovered difference in tax avoidance between countries. Thereby, it tries to answer the question which kind of firms benefit the most from common tax mechanisms and thus use them the most. By doing so, this thesis focus on firm characteristics that are not part of the tax system itself, but rather are common characteristics associated with a difference in tax avoidance. Moreover, the research is complemented by investigating some tax related country characteristics to answer the question whether the observed firm-tax avoidance correlations differ depending on certain country-specific factors. The thesis therewith further completes the explanation for the difference between the degree of tax avoidance in different countries
Author: Thomas R. Kubick
Publisher:
ISBN: 9781267020598
Category : Corporations
Languages : en
Pages :
Get Book Here
Book Description
Abstract: This dissertation is comprised of three empirical investigations of corporate tax avoidance. In the first study, a life-cycle theory of corporate tax avoidance that has not been explored in extant literature and may be helpful in addressing future research questions is presented. Evidence suggests the firm life-cycle is a consistent determinant of corporate tax avoidance. The second study evaluates investor perception of tax avoidance activity. Specifically, direct evidence is presented suggesting that tax avoidance is not a priced risk factor in the post SFAS No. 109 period. Cash flow and discount rate news properties are investigated suggesting tax avoidance is associated with both cash flow and discount rate news, stock returns are driven primarily by cash flow news (consistent with Vuolteenaho [2002]) and investors on average do not appear to react differently to cash flow shocks in the presence of greater tax avoidance. In the third study, consistent with an agency theory of tax avoidance, evidence is presented suggesting tax avoidance results in a less timely annual earnings announcement. Evidence is also presented suggesting that tax avoidance impacts the value-relevance of earnings to investors at the announcement date, evaluated by the earnings response coefficient ("ERC").
Author: Zaimah Zainol Ariffin
Publisher:
ISBN:
Category : Corporations
Languages : en
Pages : 266
Get Book Here
Book Description
Author: Antonio De Vito
Publisher: Springer Nature
ISBN: 3031517652
Category :
Languages : en
Pages : 185
Get Book Here
Book Description
Author: Alessandro Gabrielli
Publisher: Springer Nature
ISBN: 3031309804
Category : Business & Economics
Languages : en
Pages : 103
Get Book Here
Book Description
This book provides a comprehensive overview of the implications of tax avoidance for a firm’s capital structure, highlighting the key role played by free cash flow and agency conflicts. First, the book provides an outline of the theories and empirical evidence concerning the role of taxes in the Theory of Capital Structure. It reviews the studies investigating the relationship between agency conflicts and capital structure. The book explores the role of free cash flow and agency conflicts in the relationship between tax avoidance and capital structure. In the final section, the results of an empirical investigation conducted on a sample of U.S. public firms are also presented. The empirical research examines whether and how tax avoidance is associated with debt covenant violation across the stages of the corporate life cycle. Specifically, the research uses the concept of the corporate life cycle stage to analyse whether and how the association between tax avoidance and debt covenant violation varies in different agency settings. Consistent with the hypotheses drawn on the Agency Theory, the findings of the empirical research suggest life cycle stages moderate the association between tax avoidance and debt covenant violation. Overall, this book sheds light on the potential implications of tax avoidance activities for a firm’s capital structure. The book will be of interest to both experienced and early-stage scholars interested in the topic. Moreover, the book will also be of interest to policymakers, investors, analysts, lenders, and other market participants.
Author: Simon Falcke
Publisher:
ISBN: 9783346153203
Category :
Languages : de
Pages : 48
Get Book Here
Book Description
Bachelorarbeit aus dem Jahr 2019 im Fachbereich VWL - Sonstiges, Note: 1,3, Otto Beisheim School of Management Vallendar, Sprache: Deutsch, Abstract: This thesis contributes to the large literature of drivers of tax avoidance, for example tax system characteristics or the degree of tax incidence, by investigating which kind of firms drive the discovered difference in tax avoidance between countries. Thereby, it tries to answer the question which kind of firms benefit the most from common tax mechanisms and thus use them the most. By doing so, this thesis focus on firm characteristics that are not part of the tax system itself, but rather are common characteristics associated with a difference in tax avoidance. Moreover, the research is complemented by investigating some tax related country characteristics to answer the question whether the observed firm-tax avoidance correlations differ depending on certain country-specific factors. The thesis therewith further completes the explanation for the difference between the degree of tax avoidance in different countries. On January 22, 2019, the German political party Bündnis 90/Die Grünen published a study about the extent of tax avoidance in the European Union, revealing a gap between the effective tax rate paid by companies and the statutory tax rate in their home country. This gap between statutory tax rate and effective tax rate is one way of considering tax avoidance. There are other definitions as well, but overall tax avoidance can be seen as not paying the share of pre-tax income as taxes as intended by the government. In other words, tax avoidance is the attempt to legally reduce the tax burden paid to the government as much as possible.
Author: Sebastian Beer
Publisher: International Monetary Fund
ISBN: 148436399X
Category : Business & Economics
Languages : en
Pages : 45
Get Book Here
Book Description
This paper reviews the rapidly growing empirical literature on international tax avoidance by multinational corporations. It surveys evidence on main channels of corporate tax avoidance including transfer mispricing, international debt shifting, treaty shopping, tax deferral and corporate inversions. Moreover, it performs a meta analysis of the extensive literature that estimates the overall size of profit shifting. We find that the literature suggests that, on average, a 1 percentage-point lower corporate tax rate will expand before-tax income by 1 percent—an effect that is larger than reported as the consensus estimate in previous surveys and tends to be increasing over time. The literature on tax avoidance still has several unresolved puzzles and blind spots that require further research.
Author: Simon Falcke
Publisher:
ISBN: 9783961168552
Category :
Languages : en
Pages : 48
Get Book Here
Book Description
This thesis contributes to the large literature of drivers of tax avoidance, for example tax system characteristics or the degree of tax incidence, by investigating which kind of firms drive the discovered difference in tax avoidance between countries. Thereby, it tries to answer the question which kind of firms benefit the most from common tax mechanisms and thus use them the most. By doing so, this thesis focus on firm characteristics that are not part of the tax system itself, but rather are common characteristics associated with a difference in tax avoidance. Moreover, the research is complemented by investigating some tax related country characteristics to answer the question whether the observed firm-tax avoidance correlations differ depending on certain country-specific factors. The thesis therewith further completes the explanation for the difference between the degree of tax avoidance in different countries
Author: 胡明生
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 152
Get Book Here
Book Description
Author: Dhammika Dharmapala
Publisher: Edward Elgar Publishing
ISBN: 9781785367441
Category :
Languages : en
Pages :
Get Book Here
Book Description
Tax compliance issues enjoy an unprecedented degree of public attention today and are of great importance to governments and policymaking. This single volume provides an overview of some of the most significant contributions to the economic analysis of tax avoidance and evasion and also sheds light on broader questions of social organization, behaviour, and compliance with the law. With an original introduction by the editor, this insightful book provides researchers and students with a guide to the fundamental intellectual developments that have shaped the economic understanding of tax avoidance and evasion, along with a framework for placing these contributions in their intellectual context.
