A Review of Tax Research

138 Pages Posted: 23 Sep 2009 Last revised: 28 Jul 2010

Michelle Hanlon

Massachusetts Institute of Technology (MIT) - Sloan School of Management

Shane Heitzman

University of Southern California - Marshall School of Business

Date Written: July 25, 2010

Abstract

In this paper, we present a review of tax research. We survey four main areas of the literature: 1) the informational role of income tax expense reported for financial accounting, 2) corporate tax avoidance, 3) corporate decision-making including investment, capital structure, and organizational form, and 4) taxes and asset pricing. We summarize the research areas and questions examined to date and what we have learned or not learned from the work completed thus far. In addition, we provide our opinion as to the interesting and important issues for future research.

Keywords: taxes, corporate finance, investment, asset pricing, financial reporting, corporate governance

JEL Classification: G30, H25, K34, L21, M41

Suggested Citation

Hanlon, Michelle and Heitzman, Shane, A Review of Tax Research (July 25, 2010). Available at SSRN: https://ssrn.com/abstract=1476561 or http://dx.doi.org/10.2139/ssrn.1476561

Michelle Hanlon (Contact Author)

Massachusetts Institute of Technology (MIT) - Sloan School of Management ( email )

100 Main Street
E62-668
Cambridge, MA 02142
United States
617-253-9849 (Phone)

Shane Heitzman

University of Southern California - Marshall School of Business ( email )

701 Exposition Blvd
Los Angeles, CA 90089
United States

Paper statistics

Downloads
5,158
Rank
1,027
Abstract Views
21,509