Incentives for corporate tax planning and reporting: Empirical evidence from Australia

This study extends prior research on the willingness of firms to significantly decrease their corporate taxes. It specifically examines the associations between corporate tax avoidance and the reported significant uncertainty of a firm’s tax position, the tax expertise and tax affiliations of its di...

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Main Authors: Taylor, Grantley, Richardson, G.
Format: Journal Article
Published: Elsevier Ltd 2014
Online Access:http://hdl.handle.net/20.500.11937/11420
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author Taylor, Grantley
Richardson, G.
author_facet Taylor, Grantley
Richardson, G.
author_sort Taylor, Grantley
building Curtin Institutional Repository
collection Online Access
description This study extends prior research on the willingness of firms to significantly decrease their corporate taxes. It specifically examines the associations between corporate tax avoidance and the reported significant uncertainty of a firm’s tax position, the tax expertise and tax affiliations of its directors, and the performance-based remuneration incentives of its key management personnel. Based on a dataset of 200 publicly listed Australian firms over the 2006–2010 period (1000 firm years), we find that the reported uncertainty of a firm’s tax position, the tax expertise of its directors, and the performance-based remuneration incentives of its key management personnel are significantly positively associated with tax avoidance. Conversely, firms with board members who have at least one tax-related affiliation are significantly negatively associated with tax avoidance.
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spelling curtin-20.500.11937-114202019-02-19T05:34:46Z Incentives for corporate tax planning and reporting: Empirical evidence from Australia Taylor, Grantley Richardson, G. This study extends prior research on the willingness of firms to significantly decrease their corporate taxes. It specifically examines the associations between corporate tax avoidance and the reported significant uncertainty of a firm’s tax position, the tax expertise and tax affiliations of its directors, and the performance-based remuneration incentives of its key management personnel. Based on a dataset of 200 publicly listed Australian firms over the 2006–2010 period (1000 firm years), we find that the reported uncertainty of a firm’s tax position, the tax expertise of its directors, and the performance-based remuneration incentives of its key management personnel are significantly positively associated with tax avoidance. Conversely, firms with board members who have at least one tax-related affiliation are significantly negatively associated with tax avoidance. 2014 Journal Article http://hdl.handle.net/20.500.11937/11420 10.1016/j.jcae.2013.11.003 Elsevier Ltd fulltext
spellingShingle Taylor, Grantley
Richardson, G.
Incentives for corporate tax planning and reporting: Empirical evidence from Australia
title Incentives for corporate tax planning and reporting: Empirical evidence from Australia
title_full Incentives for corporate tax planning and reporting: Empirical evidence from Australia
title_fullStr Incentives for corporate tax planning and reporting: Empirical evidence from Australia
title_full_unstemmed Incentives for corporate tax planning and reporting: Empirical evidence from Australia
title_short Incentives for corporate tax planning and reporting: Empirical evidence from Australia
title_sort incentives for corporate tax planning and reporting: empirical evidence from australia
url http://hdl.handle.net/20.500.11937/11420