An Evaluation of Alternative Measures of Corporate Tax Rates

By G. Plesko. 2003

273 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/3e52f564ba7aeb0dacc88ed1dcfb5ddb6b6a2941

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Citations in the corpus

The Economic Determinants of Conditional Conservatism (2009, unknown): “We are interested in measuring tax-related incentives for conditional Since the Plesko (2003) proxy was only validated on a few recent years’ actual tax returns, its accuracy is not guaranteed in prior years.”
Corporate social responsibility and tax aggressiveness: An empirical analysis (2012, background): “The literature (see, e.g., Plesko, 2003) questions the accuracy of financial-statement-based tax aggressiveness measures, so our results should be interpreted with some caution.”
Investment Incentives and Corporate Tax Asymmetries (2010, unknown): “Proponents of prior measures claim, however, that these variables do quite well in measuring taxable status when compared with actual tax returns (Plesko (2003), Graham and Mills (2008)).”
Taxes, keiretsu affiliation, and income shifting (2004, background): “For this, the marginal tax rate is appropriate as it is generally defined as the change in the present value of cash paid to tax authorities as a result of earning one additional currency unit (Scholes et al. 2002). In corporations, the primary issue in estimating marginal tax rates is the valuation”
A review of tax research (2010, unknown): “68 outperform static estimates based on categorical variables or effective tax rates (Shevlin, 1990; Graham, 1996b; Plesko, 2003; Graham and Mills, 2008), however several caveats are in order.”
Do Business Characteristics Determine an Effective Tax Rate? (2012, methodology): “…has been tested empirically in prior research, finding a negative relation between leverage and tax burden measured by ETR, in line with the traditional approach (Calvé, Labatut, and Molina 2005; Fernández 2004; Liu and Cao 2007; Plesko 2003; Richardson and Lanis 2007; Stickney and McGee 1982).”
Bridging the Reporting Gap: A Proposal for More Informative Reconciling of Book and Tax Income (2003, background): “Plesko (2003a) argues that although the growth in the book-tax difference during the late 1990s is driven both by both tax-minimization and aggressive financial reporting, the financial reporting component appears to be particularly large.”
Using tax return data to simulate corporate marginal tax rates (2008, unknown): “We do not attempt to measure the AMT directly as does Plesko (2003) because his computations do not have obvious parallels in large-sample publicly available data.”
Taxes and Corporate Finance: A Review (2003, unknown): “Poterba (1989) finds that the yield difference between high-grade one-year munis and government bonds approximates the top statutory personal tax rate.”