The Determinants of Tax Aggressiveness: A Perspective from Mandatory Adoption of IFRS in Europe.

• Main Authors: Yi-Hsuan Chen, 陳宜萱
• Other Authors: Mei-Juh Huang
• Format: Others
• Language: zh-TW
• Published: 2011
• Online Access: http://ndltd.ncl.edu.tw/handle/10539934035953626913

碩士 === 輔仁大學 === 會計學系碩士班 === 99 === The purpose of this study is to examine the impact of IFRS adoption on the tax aggressiveness of European listed companies from 2000 to 2009. Further, this study explores whether voluntary adopt IFRS and mandatory adopt IFRS impact tax aggressiveness in European listed companies. This paper examines whether financial accounting standards and institutional factors impact corporate tax aggressiveness across European countries. This paper finds that firms are more tax aggressive when corporate tax rates or book-tax differences (BTD) are higher, and when they located in countries with higher ownership concentration. Moreover, firms reporting under IFRS are more tax aggressive than firms reporting under domestic accounting standards. The empirical results suggest that financial accounting standards and institutional factors impact firms’ tax aggressiveness, even after controlling firm-specific factors (i.e., size, growth, the presence of multinational, etc.).