The Impact of Financial Distress on Corporate Tax Avoidance Spanning the Global Financial Crisis: Evidence from Australia

QR Code

The Impact of Financial Distress on Corporate Tax Avoidance Spanning the Global Financial Crisis: Evidence from Australia

Firms have the incentive to engage in corporate tax avoidance when the marginal benefits exceed the marginal costs. In fact, when firms are under financial distress, the benefits of tax avoidance outweigh the costs, increasing the incentive to avoid tax. The Global Financial Crisis (GFC) of 2008 pro...

Full description

Bibliographic Details
Main Authors:	Richardson, G., Taylor, Grantley, Lanis, R.
Format:	Journal Article
Published:	Elsevier BV * North-Holland 2015
Online Access:	http://hdl.handle.net/20.500.11937/32638

Similar Items

Financial distress, outside directors and corporate tax aggressiveness spanning the global financial crisis: An empirical analysis
by: Richardson, G., et al.
Published: (2015)

Corporate Tax Avoidance, Financial Distress and Outside Director Work Effort Straddling the GFC
by: Richardson, G., et al.
Published: (2015)

International Corporate Tax Avoidance Practices: Evidence from Australian Firms
by: Taylor, Grantley, et al.
Published: (2012)

The effect of the general anti-avoidance rule on corporate tax avoidance in China
by: Leung, S., et al.
Published: (2019)

Women on the board of directors and corporate tax aggressiveness in Australia An empirical analysis
by: Richardson, G., et al.
Published: (2016)

Incentives for corporate tax planning and reporting: Empirical evidence from Australia
by: Taylor, Grantley, et al.
Published: (2014)

The impact of board director oversight characteristics on corporate tax agressiveness: An empirical analysis
by: Richardson, G., et al.
Published: (2013)

The impact of risk management and audit characteristics on corporate tax aggressiveness: An empirical analysis
by: Richardson, Grant, et al.
Published: (2012)

The determinants of thinly capitalized tax avoidance structures: Evidence from Australian firms
by: Taylor, Grantley, et al.
Published: (2013)

Board of director gender and corporate tax aggressiveness: An empirical analysis
by: Lanis, R., et al.
Published: (2015)

Corporate social responsibility performance, financial distress and firm life cycle: Evidence from Australia
by: Al-Hadi, A., et al.
Published: (2017)

Is Corporate Tax Avoidance Associated with Investment Efficiency?
by: Asiri, Mohammed, et al.
Published: (2020)

Australia after the global financial crisis
by: Edwards, John
Published: (2010)

Multinationality, Tax Havens, Intangible Assets and Transfer Pricing Aggressiveness: An Empirical Analysis
by: Taylor, Grantley, et al.
Published: (2015)

The investigation on the impact of financial crisis on Bursa Malaysia using minimal spanning tree
by: Bahaludin, Hafizah, et al.
Published: (2019)

The investigation on the impact of financial crisis on Bursa Malaysia using minimal spanning tree
by: Bahaludin, Hafizah, et al.
Published: (2019)

Measuring corporate tax avoidance: An empirical evidence
by: Salihu, Ibrahim Aramide, et al.
Published: (2013)

Financial Distress: Lifecycle and Corporate Restructuring
by: Koh, S., et al.
Published: (2015)

The initial performance of Malaysian IPOs during the financial crisis: evidence from global financial crisis of 2008
by: Foo, Wai Wai
Published: (2013)

Corporate governance and risk management in the financial industry: changes after the global financial crisis
by: Ojo, Abosede Omolola
Published: (2016)

Corporate Profiling of Tax-Malfeasance: A Theoretical and Empirical Assessment of Tax-Audited Australian Firms
by: Richardson, G., et al.
Published: (2014)

Corporate communication of financial risk
by: Taylor, Grantley, et al.
Published: (2010)

Predicting Financial Distress based on Corporate Actions
by: Mohamad, Azhar
Published: (2016)

The impact of the global financial crisis on managing employees
by: McDonnell, A., et al.
Published: (2013)

Determinants of transfer pricing agressiveness: Empirical evidence from Australian firms
by: Richardson, G., et al.
Published: (2013)

Global financial crisis, ownership structure and firm financial performance: An examination of listed firms in Australia
by: Saleh, A., et al.
Published: (2017)

Income Shifting Incentives and Tax Haven Utilization: Evidence from Multinational U.S. Firms
by: Richardson, G., et al.
Published: (2015)

Tax Haven Use, the Pricing of Audit and Non-Audit Services, Suspicious Matters Reporting Obligations and Whistle Blower Hotline Facilities: Evidence from Australian Financial Corporations
by: Eulaiwi, Baban, et al.
Published: (2021)

Corporate Social Responsibility and Corporate Tax Avoidance
by: CAI, XIAOXUAN
Published: (2019)

Impact of macroeconomic risk factors, adoption of financial derivatives and corporate tax avoidance on working capital management, and firm performance
by: Mohammad Reyad, Hossain
Published: (2022)

Global financial crisis and southeast Asian trade performance: Empirical evidence
by: Kabir, S., et al.
Published: (2018)

Essays on Chinese corporate tax avoidance
by: Lin, Jue
Published: (2018)

Does a Firm’s Life Cycle Explain Its Propensity to Engage in Corporate Tax Avoidance?
by: Hasan, Mostafa, et al.
Published: (2016)

Determinants of Tax Haven Utilization: Evidence from Australian Firms
by: Taylor, Grantley, et al.
Published: (2014)

Determination of Capital Structure and Prediction of Corporate Financial Distress
by: Hussain, Mohmad Isa
Published: (2005)

The Impact of Global Financial Crisis and the Performance of Malaysian SMEs
by: Wong, Shuh Yin
Published: (2010)

The Asian financial crisis and global finalcial crisis: evidence from Asean Free Trade Area
by: Ismail, Normaz Wana
Published: (2012)

The influence of the financial crisis on corporate voluntary disclosure: some Malaysian evidence
by: Ahmed Haji, Abdifatah, et al.
Published: (2012)

Government ownership and corporate tax avoidance: empirical evidence from Malaysia
by: Salihu, Ibrahim Aramide, et al.
Published: (2014)

Measures of corporate tax avoidance: empirical evidence from an emerging economy
by: Salihu, Ibrahim Aramide, et al.
Published: (2013)