Back to Search
Start Over
The Extent of Implicit Taxes at the Corporate Level and the Effect of TRA86* The Extent of Implicit Taxes at the Corporate Level and the Effect of TRA86.
- Source :
- Contemporary Accounting Research; Winter2012, Vol. 29 Issue 4, p1021-1059, 39p
- Publication Year :
- 2012
-
Abstract
- The article examines the extent of corporate level implicit taxes, or the cross-sectional variations in pre-tax market returns which offset explicit tax variations and equalize the risk-adjusted, after-tax returns rate in the U.S., and also examines the effect of the Tax Reform Act of 1986 (TRA86) on implicit taxes. Topics discussed include a decline in implicit taxes after the tax reform law was implemented and prior research on implicit taxes at the corporate level. The article also mentions empirical studies in economics that focus on the incidence of corporate income tax.
Details
- Language :
- English
- ISSN :
- 08239150
- Volume :
- 29
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- Contemporary Accounting Research
- Publication Type :
- Academic Journal
- Accession number :
- 84385455
- Full Text :
- https://doi.org/10.1111/j.1911-3846.2012.01157.x