When Does Tax Avoidance Result in Tax Uncertainty?

被引：133

作者：

Dyreng, Scott D. ^{[1
]}

Hanlon, Michelle ^{[2
]}

Maydew, Edward L. ^{[3
]}

机构：

[1] Duke Univ, Durham, NC 27706 USA

[2] MIT, Cambridge, MA 02139 USA

[3] Univ N Carolina, Chapel Hill, NC 27515 USA

来源：

ACCOUNTING REVIEW | 2019年 / 94卷 / 02期

关键词：

tax avoidance; tax uncertainty; FINANCIAL CONSTRAINTS; US; AGGRESSIVENESS; INCENTIVES; CONSEQUENCES; INVESTMENT; SHELTERS; RESERVE; EVASION;

D O I：

10.2308/accr-52198

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

We investigate the relation between tax avoidance and tax uncertainty, where tax uncertainty is the amount of unrecognized tax benefits recorded over the same time period as the tax avoidance. On average, we find that tax avoiders, i.e., firms with relatively low cash effective tax rates, bear significantly greater tax uncertainty than firms that have higher cash effective tax rates. We find that the relation between tax avoidance and tax uncertainty is stronger for firms with frequent patent filings and tax haven subsidiaries, proxies for intangible-related transfer pricing strategies. The findings have implications for several puzzling results in the literature.

引用

页码：179 / 203

页数：25