Altshuler, Rosanne; Auerbach, Alan J.; Cooper, Michael J.; … - 2011
Recent data on corporate tax losses presents a puzzle this paper attempts to explain: the ratio of losses to positive … comprehensive sample of U.S. corporation tax returns for the period 1982-2005, we explore a variety of potential explanations for … this surge in tax losses, taking account of the significant use of executive compensation stock options beginning in the …