Henry, Erin
Corporate tax preferences before and after the Tax Cuts and Jobs Act of 2017 / Erin Henry and Richard Sansing .-- , 2020
Resumen.
Bibliografía.
We examine the effect of the Tax Cuts and Jobs Act of 2017 (TCJA) on corporate tax preferences and how this effect varies with firm characteristics such as financial performance. We show that the TCJA significantly reduced the extent to which a subsample of profitable firms is tax favored, but it did not change average cash tax differences for the full sample that includes firms with losses. The associations between the tax preferences of profitable firms and their characteristics were generally unaffected by the TCJA. In a sample that includes loss firms, we find that larger firms are less tax favored after the TCJA.
SOCIEDADES
IMPUESTOS
POLITICA FISCAL
EVALUACION
ESTADOS UNIDOS
Sansing, Richard C.
National Tax Journal 0028-0283v. 73, n. 4, December 2020, p. 1065-1086
Corporate tax preferences before and after the Tax Cuts and Jobs Act of 2017 / Erin Henry and Richard Sansing .-- , 2020
Resumen.
Bibliografía.
We examine the effect of the Tax Cuts and Jobs Act of 2017 (TCJA) on corporate tax preferences and how this effect varies with firm characteristics such as financial performance. We show that the TCJA significantly reduced the extent to which a subsample of profitable firms is tax favored, but it did not change average cash tax differences for the full sample that includes firms with losses. The associations between the tax preferences of profitable firms and their characteristics were generally unaffected by the TCJA. In a sample that includes loss firms, we find that larger firms are less tax favored after the TCJA.
SOCIEDADES
IMPUESTOS
POLITICA FISCAL
EVALUACION
ESTADOS UNIDOS
Sansing, Richard C.
National Tax Journal 0028-0283v. 73, n. 4, December 2020, p. 1065-1086