Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: http://hdl.handle.net/10419/46539
Kompletter Metadatensatz
Erscheint in der Sammlung:
DublinCore-FeldWertSprache
dc.contributor.authorArachi, Giampaoloen
dc.contributor.authorBucci, Valeriaen
dc.date.accessioned2010-12-13-
dc.date.accessioned2011-06-29T11:20:58Z-
dc.date.available2011-06-29T11:20:58Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/46539-
dc.description.abstractThis paper provides further empirical evidence on the relationship between taxes and financial reporting by focusing on accounting decisions to write-offs equity investments. The analysis is based on panel data for Italian companies. In the period 1998-2006 the Italian corporate income tax has been reformed several times. In particular the tax deductibility of write-offs of equity investment was repealed in 2004. The paper exploits the ensuing high cross-sectional and times series variation in the marginal tax rate to identify tax effects. The econometric analysis delivers strong evidence that taxes affect the probability of write-offs. In contrast there is no evidence that taxes affect the magnitude of the write-offs. The paper also tests for the existence of a trade-off between tax minimization and non tax costs such as financial reporting costs and agency costs. Surprisingly, the evidence of such trade-off is rather weak.en
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x3261en
dc.subject.jelH25en
dc.subject.jelH32en
dc.subject.jelK34en
dc.subject.jelM41en
dc.subject.ddc330en
dc.subject.keywordcorporate taxationen
dc.subject.keywordwrite-offs of equity investmentsen
dc.subject.keywordfinancial reportingen
dc.subject.keywordtax planningen
dc.subject.stwKörperschaftsteueren
dc.subject.stwSteuerbegünstigungen
dc.subject.stwKapitalbeteiligungen
dc.subject.stwSteuerwirkungen
dc.subject.stwBilanzpolitiken
dc.subject.stwSteuerplanungen
dc.subject.stwItalienen
dc.titleTaxes and financial reporting: Evidence from discretionary investment write-offs in Italy-
dc.typeWorking Paperen
dc.identifier.ppn641610548en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Datei(en):
Datei
Größe
181.25 kB





Publikationen in EconStor sind urheberrechtlich geschützt.