Earnings Management, Corporate Tax Shelters, and Book-Tax Alignment

By Mihir A. Desai, Dhammika Dharmapala. National tax journal, 2009

272 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/54e234b9340da1dfd89479fb058461aace44c474

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Citations in the corpus

Comparing UK Tax Returns of Foreign Multinationals to Matched Domestic Firms (2019, unknown): “This is consistent with the findings of the previous literature which has shown a strong relationship between tax rates or firm structure, such as presence of tax havens, and profit reporting across jurisdictions (see Hines and Rice (1994), Grubert and Slemrod (1998), Desai et al. (2006), Slemrod an”
Earnings Shocks and Tax-Motivated Income-Shifting: Evidence from European Multinationals (2012, unknown): “…affiliates with negative income or negative parent shocks) leads to results that are similar to the baseline findings. differences in the accounting rules governing the reporting of income for book and tax purposes, as well as by tax planning activities (e.g. Desai and Dharmapala, 2006; 2009).”
Incentives for Tax Planning and Avoidance: Evidence from the Field (2014, background): “28 Desai and Dharmapala (2009a) discuss Enron in this context stating that “In summarizing various transactions, the JCT concluded that Enron’s management set high financial accounting goals and realized quickly that tax–motivated transactions could generate sizable financial accounting benefits.”
Home Country Tax System Characteristics and Corporate Tax Avoidance: International Evidence (2012, result): “However, our results also suggest that, while proposals to require greater book-tax conformity (Desai and Dharmapala 2009) may reduce tax avoidance, incentives underlying management compensation contracts may mitigate these effects.”
Changes in corporate effective tax rates over the past 25 years (2017, unknown): “5 There are a few studies that examine changes in tax avoidance over time, but not as the main focus of study (e.g., Desai, 2003; Desai and Dharmapala, 2009; Graham, Raedy, and Shackelford, 2012; Klassen and LaPlante, 2012).”
Corporate Tax Avoidance and Firm Value (2009, unknown): “This perspective underlies several recent studies, including Desai and Dharmapala (2006) and Desai et al. (2007), and forms part of an emerging paradigm that emphasizes the links between firms’ governance arrangements and their responses to taxes.3 In this view, corporate tax avoidance not only…”