This paper examines empirical evidence on the impact of financial distress tax avoidance 369 listed companies in Vietnam over 2008–2020 period. Empirical results show existence a positive relationship between and for survey companies. In particular, more company is danger capital, it will take. The also that small tend to avoid taxes more. Companies use debt leverage as shield help them reduce ...

We examine whether the information content of earnings is inversely related to the degree of conformity between financial accounting income and taxable income. Our inquiry exploits a natural experiment first examined by Guenther et al. (1997) in which a set of U.S. firms were forced to increase their book-tax conformity as a result of a change in the tax law. We find evidence consistent with th...

We analyzed whether a firm’s engagement in socially responsible activities, as measured by environmental, social, and corporate governance (ESG) scores, influences their tendency to avoid tax the Korean financial market. found negative relationship between firms’ ESG scores avoidance terms of book-tax income difference during sample period 2011 2017. This result implies that firms with good CSR...

The tax-systems perspective considers a variety of costs and behavioral margins often ignored in standard tax analysis: administrative and compliance costs, evasion and avoidance behavior, and multiple non-rate tax-system instruments (e.g., withholding and public disclosure). We show how the standard optimal tax framework can be augmented to include these new sources of cost and behavioral resp...

T HE Federal Tax Reform Act of 1986 tivity bonds) no carryforward credit is replaced the add-on minimum tax apgenerated. plied to corporations with a new alterSome of the major AMT adjustments native minimum tax. Corporations must include depreciation deductions for propnow compute their tax liabilities under the erty subject to MACRS, which must be reordinary tax method at a 34 percent rate ca...