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dc.contributor.authorZinn, Benedikten_US
dc.contributor.authorSpengel, Christophen_US
dc.date.accessioned2012-08-08en_US
dc.date.accessioned2012-08-16T13:54:45Z-
dc.date.available2012-08-16T13:54:45Z-
dc.date.issued2012en_US
dc.identifier.piurn:nbn:de:bsz:180-madoc-324985-
dc.identifier.urihttp://hdl.handle.net/10419/60483-
dc.description.abstractWe use a unique matched tax return-financial statement data set to examine the magnitude and sources of book-tax differences in Germany. For the first time, the data set enables us to evaluate the extent to which financial and tax accounting differ in Germany in the most accurate manner. Despite the close link between financial and tax accounting in Germany, we find that corporate taxable income and income reported to shareholders diverge considerably. Regression results suggest that this reporting gap is largely attributable to legal differences between financial and tax accounting and we cannot provide evidence that tax aggressive reporting adds to it. However, further analyses show that firms actively engaged in corporate restructuring exhibit larger book-tax differences than other firms. We interpret this result as evidence of firms willing to give up the administrative advantages of a one-book accounting system in order to achieve desired tax or financial accounting result, if book-tax conformity is not required. Thus, the results not only provide insights into the relatively unexplored area of behavioral response to changes in the degree of book-tax conformity, but also add a new perspective to the discussion surrounding the implementation of the German Accounting Law Modernization Act (BilMoG) in 2010.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 12-051en_US
dc.subject.jelH20en_US
dc.subject.jelH25en_US
dc.subject.jelM41en_US
dc.subject.ddc330en_US
dc.subject.keywordbook-tax conformityen_US
dc.subject.keywordbook-tax differencesen_US
dc.subject.keywordtax planningen_US
dc.subject.stwSteuervermeidungen_US
dc.subject.stwBilanzen_US
dc.subject.stwSteuerbilanzen_US
dc.subject.stwKörperschaftsteueren_US
dc.subject.stwSteuerbemessungen_US
dc.subject.stwDeutschlanden_US
dc.titleBook-tax conformity: Empirical evidence from Germanyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn720795206en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:zewdip:12051-
Appears in Collections:Publikationen von Forscherinnen und Forschern des ZEW
ZEW Discussion Papers

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