Distilling The Reserve For Uncertain Tax Positions PDF Download
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Author | : John R. Robinson |
Publisher | : |
Total Pages | : 0 |
Release | : 2013 |
Genre | : |
ISBN | : |
Download Distilling the Reserve for Uncertain Tax Positions Book in PDF, ePub and Kindle
We examine the extent to which the reserve for unrecognized tax benefits consistently reflects uncertain tax avoidance. We analyze the financial statement disclosures for 19 paper companies that received a total of $6.4 billion in direct government subsidies structured as refundable excise taxes during 2009. Each of these companies included the refunds in financial income, but 14 of these firms excluded all or part of the refunds from taxable income. Despite the unprecedented nature of the exclusion, we find significant variation in the tax accruals meant to represent uncertain tax positions. Our evidence suggests that additions to the reserve for uncertain tax benefits are an inconsistent empirical measure of uncertain tax avoidance because of the wide latitude allowed managers in making judgments about tax uncertainties. Moreover, we find some evidence that these judgments are related to characteristics generally associated with weak corporate governance.
Author | : Carolin Seibert |
Publisher | : Springer Nature |
Total Pages | : 81 |
Release | : 2022-08-31 |
Genre | : Business & Economics |
ISBN | : 3658390417 |
Download Differences between FIN 48 and IFRIC 23 Book in PDF, ePub and Kindle
Uncertainties about the tax treatment of business transactions in the tax return or tax balance sheet can cause significant accounting challenges for current and deferred taxes in the financial statements. Whereas the accounting treatment of tax risks or tax audit risks has been regulated under US GAAP since 2006, a corresponding IFRS regulation was only published in 2017 and is effective from the 2019 fiscal year. The author takes this as an opportunity to analyze and critically assess the differences between the US GAAP accounting regulation “FIN 48 – Accounting for Uncertainty in Income Taxes” and the IFRS accounting regulation “IFRIC 23 – Uncertainty over Income Tax Treatments”. Building on the insights from her analysis, the author also examines the problem areas arising from IFRIC 23 from the perspective of the German tax authorities, German business practice and German advisory practice.
Author | : John Hasseldine |
Publisher | : Emerald Group Publishing |
Total Pages | : 156 |
Release | : 2020-10-19 |
Genre | : Business & Economics |
ISBN | : 1839091878 |
Download Advances in Taxation Book in PDF, ePub and Kindle
This volume presents studies from expert contributors exploring topics such as: corporate tax planning, tax-related accounting misstatements and uncertain tax positions, financial statement readability, the tax effects of a major pension scheme change, and non-professional investor and taxpayer judgments and perceptions.
Author | : John Hasseldine |
Publisher | : Emerald Group Publishing |
Total Pages | : 257 |
Release | : 2024-06-20 |
Genre | : Business & Economics |
ISBN | : 1835495842 |
Download Advances in Taxation Book in PDF, ePub and Kindle
Volume 31 of Advances in Taxation includes studies from expert contributors, exploring topics such as: firms’ domestic and foreign effective tax rates; tax avoidance; and tax compliance. A study reviews prior literature on tax increment financing, an economic development tool frequently used by U.S. local governments.
Author | : Sonja Lynne Olhoft |
Publisher | : |
Total Pages | : 224 |
Release | : 1999 |
Genre | : Business planning |
ISBN | : |
Download Tax Avoidance Activities of U.S. Multinational Corporations Book in PDF, ePub and Kindle
Author | : |
Publisher | : |
Total Pages | : 1412 |
Release | : 1919 |
Genre | : Commerce |
ISBN | : |
Download The Statist Book in PDF, ePub and Kindle
Author | : Organisation for Economic Co-operation and Development |
Publisher | : |
Total Pages | : 248 |
Release | : 1988 |
Genre | : Business & Economics |
ISBN | : |
Download New Financial Instruments Book in PDF, ePub and Kindle
Author | : |
Publisher | : |
Total Pages | : 1150 |
Release | : 1958-07 |
Genre | : Commerce |
ISBN | : |
Download The Statist Book in PDF, ePub and Kindle
Author | : |
Publisher | : Government Printing Office |
Total Pages | : 652 |
Release | : 2005 |
Genre | : Law |
ISBN | : |
Download General Explanation of Tax Legislation Enacted in ... Book in PDF, ePub and Kindle
JCS-5-05. Joint Committee Print. Provides an explanation of tax legislation enacted in the 108th Congress. Arranged in chronological order by the date each piece of legislation was signed into law. This document, prepared by the staff of the Joint Committee on Taxation in consultation with the staffs of the House Committee on Ways and Means and the Senate Committee on Finance, provides an explanation of tax legislation enacted in the 108th Congress. The explanation follows the chronological order of the tax legislation as signed into law. For each provision, the document includes a description of present law, explanation of the provision, and effective date. Present law describes the law in effect immediately prior to enactment. It does not reflect changes to the law made by the provision or subsequent to the enactment of the provision. For many provisions, the reasons for change are also included. In some instances, provisions included in legislation enacted in the 108th Congress were not reported out of committee before enactment. For example, in some cases, the provisions enacted were included in bills that went directly to the House and Senate floors. As a result, the legislative history of such provisions does not include the reasons for change normally included in a committee report. In the case of such provisions, no reasons for change are included with the explanation of the provision in this document. In some cases, there is no legislative history for enacted provisions. For such provisions, this document includes a description of present law, explanation of the provision, and effective date, as prepared by the staff of the Joint Committee on Taxation. In some cases, contemporaneous technical explanations of certain bills were prepared and published by the staff of the Joint Committee. In those cases, this document follows the technical explanations. Section references are to the Internal Revenue Code unless otherwise indicated.
Author | : United States. Congress. Joint Committee on Taxation |
Publisher | : Joint Committee on Taxation |
Total Pages | : 450 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : |
Download Options to Improve Tax Compliance and Reform Tax Expenditures Book in PDF, ePub and Kindle
Describes proposals to to reduce the size of the Federal tax gap by curtaling tax shelters, closing unintended loopholes, addressing other areas of noncompliance with current tax law, and reforming certain areas of tax expenditures.