Skip navigation
Skip navigation

Trends in book-tax income and balance sheet differences.

dc.contributor.authorMills, Lillian
dc.contributor.authorNewberry, Kaye
dc.contributor.authorTrautman, William B
dc.date.accessioned2019-02-13T00:03:56Z
dc.date.available2019-02-13T00:03:56Z
dc.date.created2002
dc.identifier.urihttp://hdl.handle.net/1885/155663
dc.description.abstractConference paper
dc.description.abstractWe use Compustat and tax return data to describe trends from 1991-1998 in differences between book and tax measures of income and balance sheet amounts. Our primary findings confirm that book-tax income differences are growing throughout the 1990s. Extending prior work, we partition the sample to describe the differences by industry, global character and profitability. Secondly, we compare Compustat financial statement assets and liabilities to the book balance sheet reported on the tax return and find that the tax return amounts exceed the financial statement amounts in the aggregate. We plan to investigate suggested explanations for this excess, including differences in book versus tax consolidation reporting and off-balance sheet activity.
dc.format.extent35 pages
dc.format.mimetypeapplication/pdf
dc.language.isoen_AU
dc.publisherCentre for Tax System Integrity (CTSI), Research School of Social Sciences, The Australian National University
dc.relation.ispartofCentre for Tax System Integrity workshop on 'Is There Economic Integrity in the Tax System?'. Canberra, 17 July 2002.
dc.relation.ispartofseriesCentre for Tax System Integrity Workshop: July 2002
dc.rightsAuthor/s retain copyright
dc.titleTrends in book-tax income and balance sheet differences.
local.publisher.urlhttp://regnet.anu.edu.au/
local.type.statusPublished Version
local.bibliographicCitation.placeofpublicationCanberra, ACT
dcterms.accessRightsOpen Access
dc.provenancePermission received from RegNet to add their publications to Open Research - ERMS2457510
CollectionsANU Centre for Tax System Integrity (CTSI)

Download

File Description SizeFormat Image
Mills.pdf89.8 kBAdobe PDFThumbnail


Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  17 November 2022/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator