Book-Tax Differences, a Proxy for Earnings Management and Tax Management - Empirical Evidence from China

Tang, Tanya Y. H.

doi:10.2139/ssrn.872389

Cited by 51 publications

(140 citation statements)

References 45 publications

Supporting

Mentioning

Contrasting

Unclassified

104

Order By: Relevance

“…Ou seja, em algum momento no futuro, a BTD temporária será anulada. Tang (2006) afirma que quanto maior o gerenciamento de resultados registrado pela empresa, menor a qualidade das informações divulgadas nas demonstrações contábeis. De acordo com Tang e Firth (2011), em empresas chinesas, o gerenciamento de resultados pode explicar parte do montante da BTD.…”

Section: Book-tax Differencesunclassified

“…Sendo assim, essa manipulação pode levar ao aumento das BTD, sugerindo que os accruals têm relação positiva com a BTD (Koubaa, & Anis, 2015), o que conduz à quarta hipótese de pesquisa. O retorno das ações pode estar relacionado com o nível de BTD, pois quanto maior o nível das BTD menor o retorno das ações, uma vez que o maior volume de BTD pode sinalizar para os investidores maior possibilidade de gerenciamento de resultado (Tang, 2006). Os investidores utilizam-se das informações contidas na BTD para avaliar o futuro desempenho das empresas, ou seja, os investidores subestimam as expectativas e rendimentos futuros para a tomada de decisão (Hanlon, 2005).…”

Section: Fatores Determinantes Da Book-tax Differences E Hipóteses Deunclassified

See 1 more Smart Citation

Fatores determinantes das book-tax differences

Fonseca

Costa

2017

Rev. contab. organ.

View full text Add to dashboard Cite

Este artigo tem por objetivo identificar quais são os fatores institucionais e não institucionais que determinam as book-tax differences (BTD) das companhias abertas brasileiras. A amostra da pesquisa é composta por 124 companhias, com dados disponíveis para o período de 2010 a 2015. Os resultados indicam que a BTD total apresenta relação positiva com as variáveis rentabilidade, liquidez e a BTD defasada. Quando desmembrados os tipos de BTD, a rentabilidade, o crescimento da receita de vendas e a BTD defasada estão positivamente associadas à BTD temporária. A rentabilidade e a liquidez estão positivamente associadas à BTD permanente. Portanto, os resultados sugerem que a rentabilidade está associada com todos os tipos de BTD (total, temporária e permanente), ou seja, as empresas mais rentáveis evidenciam maior diferença entre o lucro contábil e o lucro tributável.

show abstract

Section: Book-tax Differencesunclassified

Section: Fatores Determinantes Da Book-tax Differences E Hipóteses Deunclassified

Fatores determinantes das book-tax differences

Fonseca

Costa

2017

Rev. contab. organ.

View full text Add to dashboard Cite

show abstract

“…According to Shevlin (2002), Desai and Dharmapala (2006), Plesko (2004), McGill and Outslay (2004), Tang (2005), and Tang and Firth (2010), the BTD estimate is an effective way to identify tax management in companies, because if book earnings are higher than taxable earnings, there is evidence of tax management to reduce the calculation basis of taxes on earnings.…”

Section: Analysis Of Resultsmentioning

confidence: 99%

“…According to several researchers (Callihan, 1994;Mills & Newberry, 2001;Shackelford & Shevlin, 2000;Tang, 2005;Formigoni et al, 2009;Comprix, Mills & Schmidt, 2011;Minnick & Noga, 2010;Armstrong et al, 2011), annual ETR is defined as the percentage obtained by dividing the total expenditure on taxes on earnings by earnings before IRPJ of a given company i in year t: 1 2 where 'Income Taxes' is the sum of expenses on IRPJ and CSLL for the current and deferred year, and 'LAIR' is company profit before IRPJ.…”

Section: Measurements To Identify Tax Management: Etr Cashetr and Btdmentioning

confidence: 99%

“…It is believed that the increased performance of a company can be reached through tax management, understood as a legal way of reducing expenses on taxes, when taxpayers identify opportunities in laws to decrease companies' tax burden (Goncharov & Zimmermann, 2005;Tang, 2005;Desai & Dharmapala, 2006;Formigoni, Antunes, & Paulo, 2009;Minnick & Noga, 2010;Tang & Firth, 2010).…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Corporate Governance Characteristics as a Stimulus to Tax Management

Gomes

2016

Rev. contab. finanç.

View full text Add to dashboard Cite

This article aimed to investigate whether corporate governance uses tax management to increase companies' performance. The objective was checking whether corporate governance characteristics, such as remuneration paid to the executive board, segregation between Chairman and CEO, and the independence and composition of the Board of Directors, influence tax management in Brazilian companies. At the same time, it aimed to identify whether the preceding tax management is reflected on the subsequent tax management. To do this, a sample of 355 Brazilian companies listed on the BM&FBOVESPA between 2008 and 2014 was used, in order to find out whether their corporate governance characteristics influenced tax management, something identified by calculating ETR, CashETR, and BTD. As a result, it was found (i) that the remuneration paid to executives may be regarded as a characteristic influencing tax management in Brazilian firms, and (ii) that the preceding tax management influences the future tax management. In addition, it was found that Brazilian companies do not rule out tax management benefits, since the average effective rate in the sample under analysis was 25%, and it is statistically lower than the nominal rate of taxes on earnings in Brazil, which is 34%.

show abstract

Will a departure from tax-based accounting encourage tax noncompliance? Archival evidence from a transition economy

Chan¹,

Lin²,

Mo³

2010

Journal of Accounting and Economics

115

View full text Add to dashboard Cite

We investigate whether a departure from a tax-based accounting system toward the adoption of International Financial Reporting Standards encourages tax noncompliance. We also examine whether such a departure, which weakens book-tax conformity, affects the informativeness of book-tax differences for tax noncompliance. Our evidence suggests that as book-tax conformity decreases, tax noncompliance increases. Although book-tax differences remain informative of tax noncompliance, the informativeness attenuates as book-tax conformity weakens. Additionally, firms with high incentives to inflate book income are more tax compliant than their counterparts after the departure from a tax-based accounting system

show abstract

Book-Tax Differences, a Proxy for Earnings Management and Tax Management - Empirical Evidence from China

Cited by 51 publications

References 45 publications

Fatores determinantes das book-tax differences

Fatores determinantes das book-tax differences

Corporate Governance Characteristics as a Stimulus to Tax Management

Will a departure from tax-based accounting encourage tax noncompliance? Archival evidence from a transition economy

Contact Info

Product

Resources

About