This paper examines the properties of simulated corporate marginal tax rates to assess their incremental benefit over other measures of corporate tax status. While binary variables have generally been replaced by simulated rates when marginal tax rate controls are needed, the results of this...

This study examines the tax reporting consequences of financial reporting discretion. Using a matched sample of financial statements with tax returns, I provide estimates of the accuracy of tax return information inferred from financial statements. To examine the tradeoffs between financial and...

In this paper we review the history and purpose of the corporation income tax return's Schedule M-1 in light of recent attention to corporate reporting issues. Although the traditional role for the schedule has been to assist the audit process, the reconciliation of book to tax accounting...