Publication Type

Conference Paper

Version

Postprint

Publication Date

5-2017

Abstract

Taking advantage of the mandatory disclosure of detected corporate tax evasions in China, we examine why publicly listed firms evade taxes. Different from most prior studies that focus on corporate income tax avoidance, we consider tax evasions related to both income taxes and non-income taxes. We also use a bivariate probit model to account for the partial observability of corporate tax evasion. Many of our regression results using the bivariate probit model are different from the results using the reduced form probit model that ignores the partial observability of tax evasion. Many of our results are also different from those of prior research on the determinants of corporate tax avoidance using the traditional effective tax rate as a proxy for tax avoidance.

Keywords

Tax avoidance, tax evasion, China, SOE

Discipline

Accounting | Asian Studies | Corporate Finance | Taxation

Research Areas

Corporate Reporting and Disclosure

Publication

Asian Bureau of Finance and Economic Research (ABFER) Conference 2017, May 21-23

First Page

1

Last Page

38

City or Country

Singapore

Copyright Owner and License

Authors

Additional URL

http://abfer.org/media/abfer-events-2017/annual-conference/accounting/ac2017p5016_why_do_publicly_listed_firms_evade_taxes.pdf

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