The taxman cometh: Does tax uncertainty affect corporate cash holdings?
We examine whether firms hold more cash in the face of tax uncertainty. Because of gray areas in the tax law and aggressive tax avoidance, the total amount of tax that a firm will pay is uncertain at the time it files its returns. The tax authorities can challenge and disallow the firm’s tax positio...
| Main Authors: | , , |
|---|---|
| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Springer-Verlag
2017
|
| Online Access: | http://hdl.handle.net/1721.1/110929 https://orcid.org/0000-0002-7009-1310 |