Mgammal, Mahfoudh Hussein and Ku Ismail, Ku Nor Izah (2015) Corporate tax disclosure: A review of concepts, theories, constraints, and benefits. Asian Social Science, 11 (28). pp. 1-14. ISSN 1911-2017
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Abstract
The aim of this paper is to offer an impression of the issues raised by the disclosure of companies’ tax information by supplying existing and historical viewpoints from the aspects of concepts, theory, constraints, benefits and measurements. We are concerned that full disclosure of organizations' tax information could result in firms weakening tax information, hampering tax enforcement, and maybe, in a weakened structure, disclosing private data that could give a competitive benefit to those organizations that are not requested to do such a disclosure. Hence, some studies do not underpin full disclosure. On the other hand, full tax disclosure could have numerous beneficial impacts. It might put pressure on regulators to develop the tax system and it might incite companies to oppose aggressive tax decrease strategies.We anticipate and expect interested parties to take into consideration the best practices of tax disclosure in implementing their future plans.
Item Type: | Article |
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Uncontrolled Keywords: | disclosure, tax disclosure, tax return, income tax |
Subjects: | H Social Sciences > HF Commerce > HF5601 Accounting H Social Sciences > HJ Public Finance |
Divisions: | Tunku Puteri Intan Safinaz School of Accountancy (TISSA) |
Depositing User: | Prof. Dr. Ku Nor Izah Ku Ismail |
Date Deposited: | 17 Dec 2015 03:07 |
Last Modified: | 17 Apr 2016 00:08 |
URI: | https://repo.uum.edu.my/id/eprint/16428 |
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