2008 OECD Study into the Role of Tax Intermediaries. In the United Kingdom, HMRC have been developing a risk rating … approach to tax risk management as part of their Review of Links with Large Business. The approach is designed to promote an … resource allocation and the encouragement of companies to consider their position so as to achieve the benefits of low risk …

I examine whether and to what extent tax uncertainty affects a firm's dividend payouts. Based on the argument that tax … uncertainty impairs the persistence and predictability of after-tax cash flows, I hypothesize and find that firms with greater tax … uncertainty exhibit a lower probability of dividend payouts. The effect of tax uncertainty is stronger in the presence of …

evasion and legal tax avoidance. In this paper I show that uncertainty in tax law can help achieve higher efficiency than … litigation costs. Thus, tax uncertainty and tax disputes can be socially desirable. …

I investigate how investors value tax planning and tax uncertainty for the case of publicly listed German firms. I … compare two recent approaches how to account for tax uncertainty: the separate view by Drake et al. (2019) and the composite … view by Jacob and Schütt (2020) to find the better suited way to incorporate tax planning and uncertainty simultaneously …