The Impact of Large Tax Settlements on Firms' Subsequent Tax and Financial Reporting

Persistent Link:
http://hdl.handle.net/10150/555888
Title:
The Impact of Large Tax Settlements on Firms' Subsequent Tax and Financial Reporting
Author:
Finley, Andrew Rhodes
Issue Date:
2015
Publisher:
The University of Arizona.
Rights:
Copyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.
Abstract:
In this study, I examine how firms change their tax avoidance and financial reporting following large tax settlements. I find that firms decrease tax avoidance following large settlements and this effect is concentrated among firms under-reserved for the settlement for financial accounting purposes. Additionally, my results suggest firms learn from tax examination resolutions in a way that affects their financial reporting over the tax account. Finally, I find that the effect of large settlements also spills over to firms within the same auditor network. This study provides context to the tax authority's efficacy in deterring tax avoidance and highlights its role in the financial reporting process.
Type:
text; Electronic Dissertation
Keywords:
FIN 48; tax avoidance; tax enforcement; Accounting; auditor networks
Degree Name:
Ph.D.
Degree Level:
doctoral
Degree Program:
Graduate College; Accounting
Degree Grantor:
University of Arizona
Advisor:
Dhaliwal, Dan S.
Committee Chair:
Dhaliwal, Dan S.

Full metadata record

DC FieldValue Language
dc.language.isoen_USen
dc.titleThe Impact of Large Tax Settlements on Firms' Subsequent Tax and Financial Reportingen_US
dc.creatorFinley, Andrew Rhodesen
dc.contributor.authorFinley, Andrew Rhodesen
dc.date.issued2015en
dc.publisherThe University of Arizona.en
dc.rightsCopyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.en
dc.description.abstractIn this study, I examine how firms change their tax avoidance and financial reporting following large tax settlements. I find that firms decrease tax avoidance following large settlements and this effect is concentrated among firms under-reserved for the settlement for financial accounting purposes. Additionally, my results suggest firms learn from tax examination resolutions in a way that affects their financial reporting over the tax account. Finally, I find that the effect of large settlements also spills over to firms within the same auditor network. This study provides context to the tax authority's efficacy in deterring tax avoidance and highlights its role in the financial reporting process.en
dc.typetexten
dc.typeElectronic Dissertationen
dc.subjectFIN 48en
dc.subjecttax avoidanceen
dc.subjecttax enforcementen
dc.subjectAccountingen
dc.subjectauditor networksen
thesis.degree.namePh.D.en
thesis.degree.leveldoctoralen
thesis.degree.disciplineGraduate Collegeen
thesis.degree.disciplineAccountingen
thesis.degree.grantorUniversity of Arizonaen
dc.contributor.advisorDhaliwal, Dan S.en
dc.contributor.chairDhaliwal, Dan S.en
dc.contributor.committeememberDhaliwal, Dan S.en
dc.contributor.committeememberVallabhajosyula, Shyam S.en
dc.contributor.committeememberDrake, Katharine D.en
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