最低稅負制之隱稅及盈餘管理效果之研究__臺灣人文及社會科學引文索引資料庫

:::

詳目顯示

第 1 筆 / 總合 1 筆

/1頁

論文基本資料
摘要
外文摘要
參考文獻

題名：	最低稅負制之隱稅及盈餘管理效果之研究
作者：	吳瑞源
作者(外文)：	Jui-Yuan Wu
校院名稱：	國立成功大學
系所名稱：	會計學系碩博士班
指導教授：	林松宏賴秀卿
學位類別：	博士
出版日期：	2009
主題關鍵詞：	盈餘管理；隱稅；最低稅負制；Alternative Minimum Tax；Earnings Management；Implicit Tax
原始連結：	連回原系統網址
相關次數：	被引用次數:期刊(0) 博士論文(0) 專書(0) 專書論文(0) 排除自我引用:0 共同引用:0 點閱:0

政府為達成特定經濟政策，採行各項租稅優惠措施。長期實施租稅獎勵的結果，稅基嚴重遭受侵蝕，租稅的公平性亦遭到質疑。為改善國家財政困境及租稅不公平現象，政府對於特定免稅所得進行稅制改革，訂定「所得基本稅額條例」以實施最低稅負制，自2006年起對符合規定之特定免稅所得課徵10%之最低稅負。此一重大稅制改革，除增加政府稅收外，同時符合租稅公平正義的期待。但對企業而言，此一新稅制可能產生額外租稅負擔及不利的財務影響。因此，本研究以迴歸模式探討特定免稅所得是否存在隱稅，及實施最低稅負制對公司隱稅的影響，同時探討最低稅負制是否導致企業藉由盈餘管理之方式以降低未來可能增加之租稅負擔。
本研究之主要結論如下：
一、最低稅負制之隱稅效果：(一)最低稅負制實施前(2005年)，公司之特定免稅所得與股票稅前報酬率呈現負向關係，此符合隱稅理論，即租稅優惠愈大，隱稅成本愈高，稅前報酬率愈低。(二)最低稅負制實施後(2006年)，公司特定免稅所得與股票稅前報酬率呈現負向關係之幅度，將較最低稅負制實施前(2005年)之負向關係幅度為低，即特定免稅所得的隱稅仍然存在，然因其租稅優惠減少，使得隱稅成本降低。
二、最低稅負制之盈餘管理效果：(一)最低稅負制實施前(2005年)，當期有效稅率介於0%~10%且稅前財務所得為正數之公司(潛在受最低稅負制影響之公司)，會從事提前認列所得之盈餘管理。(二)最低稅負制實施前(2005年)，證券交易所得淨額為正數之公司(潛在受最低稅負制影響之公司)，會從事提前認列所得之盈餘管理。
整體而言，實證結果顯示特定免稅所得存在隱稅，且最低稅負制確實有其隱稅效果；而公司為因應最低稅負制，會從事提前認列所得之盈餘管理行為，以達成降低稅負之盈餘管理目的。

以文找文

In Taiwan, firms in the high-tech sector have long enjoyed tax exemptions through which the government effectively encourages high-tech firms to increase their investment. To prevent companies within the high-income bracket from paying little or no income tax, the government enacted the Alternative Minimum Tax Act (AMT, hereafter) in 2005 to uphold tax equity, to ensure tax revenue for the country, and to encourage enterprises and individuals to fulfill their minimum income tax obligation as a contribution to public finance. The AMT is aimed at plugging loopholes in the nation's taxation system which allows individuals and enterprises with a high income to claim excessive tax breaks, eroding social justice and leading to unfair taxation consequence. According to the Act, a 10 percent minimum tax will be levied on the businesses with annual earnings of more than NT$2 million starting 2006. For those companies already fulfill the minimum tax obligation according to the regular income tax, they don't have to pay extra tax under the AMT. On the other hand, if their regular tax falls below this minimum taxation, they have to make up the difference by paying the extra.
After the AMT is effective, the specific tax-exempt income will possibly become taxable. This study investigates the impact of the AMT on implicit tax and earnings management. The empirical results are summarized as follows:
1. Before the AMT is effective, the specific tax-exempt income is negatively related to the risk-unadjusted pretax returns on common stocks. Additionally, the magnitude of implicit tax of the specific tax-exempt income is reduced after the AMT is enforced.
2. Firms with current effective tax rate below 10% and positive pretax accounting income, or with net capital gains, are apparently motivated to minimize their tax obligation by recognizing more taxable income earlier in 2005 than it would otherwise have been.

以文找文

朱啟銘，2007，最低稅負與盈餘管理，國立台灣大學會計學研究所碩士論文。
吳芝穎，2006，最低稅負制對股市之影響，國立台灣大學會計學研究所碩士論文。
吳清在與施坤宏，2008，2005年台灣所得基本稅額條例制訂之市場反應與公司特性，2008會計理論與實務研討會，國立中興大學會計學系與中華會計教育學會。
李建然、許書偉與陳政芳，2003，非審計服務與異常應計數之關聯性研究，會計評論，第37期 (7月)：1-30。
汪瑞芝、陳明進與林世銘，2005，土地增值稅減半政策之事件研究，證券市場發展季刊，第17卷第1期 (4月)：79-104。
汪瑞芝與陳明進，2006，最低稅負制對股市反應之實證研究，2006會計理論與實務研討會，東吳大學會計學系與中華會計教育學會。
林世銘、林宗輝與蔡彥卿，2004，兩稅合一與盈餘管理，中華會計學刊，第4卷第2期 (4月)：127-152。
財政部賦稅署，2005，所得基本稅額條例疑義解答。
財團法人中華民國會計研究發展基金會，2005，財務會計準則公報第二十二號：所得稅之會計處理準則，2005年9月22日修訂。
陶百芸，2005，轉投資收益股利扣抵之隱稅效果，國立成功大學會計學研究所碩士論文。
陳明進，2005，股利所得及股東可扣抵稅額隱含稅之實證研究，2005台灣財務金融學會年會暨學術論文研討會，國立成功大學財務金融所暨會計學系。
陳順宇，2000，迴歸分析：第三版，華泰書局，台北。
戚務君、俞洪昭、許崇源與曹美娟，2001，兩稅合一制度下股東可扣抵稅額揭露之價值攸關性，會計評論，第33期 (7月)：77-99。
張慧珊，2002，兩稅合一制度對於股權評價之影響研究，國立台灣大學會計學研究所博士論文。
黃明聖，2005，最低稅負制評介，台灣經濟論衡，第3卷第9期 (9月)：49-64。
黃瓊慧、單騰笙與李先莉，2007，基本稅額與盈餘管理，2007會計理論與實務研討會，國立台北大學會計學系與中華會計教育學會。
廖益興，2004，董監事獨立性、企業結構特徵與盈餘管理之關聯性研究，國立台北大學會計學研究所博士論文。
趙雅儀，2002，兩稅合一稅制對上市公司股利稅評價效果影響之研究，國立成功大學會計學研究所博士論文。
鄭丁旺，2005，中級會計學(下)：第八版，自版，台北。
Atwood, T. J. 2003. Implicit taxes: Evidence from taxable, AMT, and tax-exempt state and local government yields. The Journal of the American Taxation Association 25 (Spring): 1-20.
Ayers, B. C., C. B. Cloyd, and J. R. Robinson. 2002. The effect of shareholder-level dividend taxes on stock price: Evidence from the revenue reconciliation act of 1993. The Accounting Review 77 (October): 933-947.
Becker, C. L., M. L. DeFond, J. Jiambalvo, and K. R. Subramanyam. 1998. The effect of audit quality on earnings management. Contemporary Accounting Research 15 (Spring): 1-24.
Berger, P. G. 1993. Explicit and implicit tax effects of the R&D tax credit. Journal of Accounting Research 31 (Autumn): 131-171.
Boynton, C. E., P. S. Dobbins, and G. A. Plesko. 1992. Earning management and the corporate alternative minimum tax. Journal of Accounting Research 30 (Supplement): 131-153.
Cahan, S. F. 1992. The effect of antitrust investigations on discretionary accruals: A refined test of the political-cost hypothesis. The Accounting Review 67 (January): 77-95.
Callihan, D. S., and R. A. White. 1999. An application of the Scholes and Wolfson model to examine the relation between implicit and explicit tax and firm market structure. The Journal of the American Taxation Association 21 (Spring): 1-19.
Choi, W. W., J. D. Gramlich, and J. K. Thomas. 1991. Earnings management in response to the book income adjustment of the corporate alternative minimum tax. Working paper. Columbia Business School.
Cushing, B. E., and M. J. LeClere. 1992. Evidence on the determinants of inventory accounting policy choice. The Accounting Review 67 (April): 355-366.
DeAngelo, L. E. 1986. Accounting numbers as market valuation substitutes: A study of management buyouts of public stockholders. The Accounting Review 61 (July): 400-420. 1986.
Dechow, P. M., R. G. Sloan, and A. P. Sweeney. 1995. Detecting earnings management. The Accounting Review 70 (April): 193-225.
Dechow, P. M., R. G. Sloan, and A. P. Sweeney. 1996. Causes and consequences of earnings manipulation: An analysis of firms subject to enforcement actions by the SEC. Contemporary Accounting Research 13 (Spring): 1-36.
DeFond, M. L., and J. Jiambalvo. 1994. Debt covenant violation and manipulation of accruals. Journal of Accounting and Economics 17 (January): 145-176.
Dhaliwal, D., and S. W. Wang. 1992. The effect of book income adjustment in the 1986 alternative minimum tax on corporate financial reporting. Journal of Accounting and Economics 15 (March): 7-26.
Dopuch, N., and M. Pincus. 1988. Evidence on the choice of inventory accounting methods: LIFO versus FIFO. Journal of Accounting Research 16 (Spring): 28-59.
Erickson, M. M., and E. L. Maydew. 1998. Implicit taxes in high dividend yield stocks. The Accounting Review 73 (October): 435-458.
Fama, E. F., and K. R. French. 1992. The cross-section of expected stock returns. The Journal of Finance 47 (June): 427-465.
Fama, E. F., and K. R. French. 1993. Common risk factors in the return on stocks and bonds. Journal of Financial Economics 33 (February): 3-56.
Francis, J. R., E. L. Maydew, and H. C. Sparks. 1999. The role of big 6 auditors in the credible reporting of accruals. Auditing: A Journal of Practice and Theory 18 (Fall): 17-34.
Ghosh, A. and D. Moon. 2005. Auditor tenure and perceptions of audit quality. The Accounting Review 80 (April): 585-612.
Gramlich, J. 1991. The effect of the alternative minimum tax book income adjustment on accrual decisions. The Journal of the American Taxation Association 13 (Spring): 36-56.
Gramlich, J. 1992. Discussion of earnings management and the corporate alternative minimum tax. Journal of Accounting Research 30 (Supplement): 154-160.
Guenther, D. A. 1994a. Earning management in response to corporate tax rate changes: Evidence from the 1986 Tax Reform Act. The Accounting Review 69 (January): 230-243.
Guenther, D. A. 1994b. The relation between tax rates and pre-tax returns: Direct evidence from the 1981 and 1986 tax rate reductions. Journal of Accounting and Economics 18 (November): 379-393.
Guenther, D. A., E. L. Maydew, and S. E. Nutter. 1997. Financial reporting, tax costs, and book-tax conformity. Journal of Accounting and Economics 23 (November): 225-248.
Healy, P. M. 1985. The effect of bonus schemes on accounting decisions. Journal of Accounting and Economics 7 (April): 85-107.
Jones, J. J. 1991. Earnings management during importing relief investigations. Journal of Accounting Research 29 (Autumn): 193-228.
Lindahl, F. W. 1989. Dynamic analysis of inventory accounting choice. Journal of Accounting Research 27 (Autumn): 201-226.
Lopez, T. J., P. R. Regier, and T. Lee. 1998. Identifying tax-induced earnings management around TRA 86 as a function of prior tax-aggressive behavior. The Journal of the American Taxation Association 20 (Fall): 37-56.
Lys, T., and J. S. Sabino. 1992. Research design issues in grouping-based tests. The Journal of Financial Economics 32 (December): 355-387.
Maloney, D. M., and R. H. Sanborn. 1988. Interactions between financial and tax accounting caused by the TAX Reform Act of 1986. Accounting Horizons 2 (December): 21-28.
Manzon, G. B. 1992. Earnings management of firms subject to the alternative minimum tax. The Journal of the American Taxation Association 14 (Fall): 88-111.
Maydew, E. L. 1997. Tax-induced earnings management by firms with net operation losses. Journal of Accounting Research 35 (Spring): 83-96.
Miller, M. H. 1977. Debt and taxes. The Journal of Finance 32 (May): 261-276.
Schipper, K. 1989. Commentary on earnings management. Accounting Horizons 3 (December): 91-102.
Scholes, M. S., and M. A. Wolfson. 1992. Tax and Business Strategy: A Planning Approach, New Jersey: Prentice-Hall.
Scholes, M. S., M. A. Wolfson, M. Erickson, E. L. Maydew, and T. Shevlin. 2002. Tax and Business Strategy: A Planning Approach, 2nd ed. New Jersey: Prentice-Hall.
Scott, W. R. 2000. Financial Accounting Theory, 2nd ed. Canada: Prentice-Hall.
Shackelford, D. A. 1991. The market for tax benefit: Evidence from leverages ESOPs. Journal of Accounting and Economics 14 (June): 117-145.
Stickney, C. P., R. L. Weil, and M. A. Wolfson. 1983. Income taxes and tax transfer leases: General Electric’s accounting for a Molotov Cocktail. The Accounting Review 58 (April): 439-459.
Sweeney, A. P. 1994. Debt-covenant violations and managers’ accounting responses. Journal of Accounting and Economics 17 (May): 281-308.
Wang, S. W. 1994. The relationship between financial reporting practices and the 1986 alternative minimum tax. The Accounting Review 69 (July): 495-506.
Watts, R. L. and J. L. Zimmerman. 1990. Positive accounting theory: A ten year perspective. The Accounting Review 65 (January): 131-156.
Wilkie, P. J. 1992. Empirical evidence of implicit taxes in the coporate sector. The Journal of the American Taxation Association 14 (Spring): 97-115.

推文
推薦
引用網址
引用嵌入語法
轉寄

top

:::

相關期刊
相關論文
相關專書
相關著作
熱門點閱

1.	最低稅負制隱稅效果之研究

無相關博士論文

無相關書籍

無相關著作

無相關點閱

QR Code

臺灣人文及社會科學引文索引資料庫系統

詳目顯示

臺灣人文及社會科學引文索引資料庫