Type of Credit: Required
Credit(s)
Number of Students
We first provide an overview of the vast area of empirical tax research and emphasize the need for research in this area. We then explore basic research design issues that must be considered in planning and conducting of empirical research. With this foundation, we analyze and evaluate a range of empirical papers in detail.
Important elements of this course include developing:
(1) An appreciation for the role of theory in applied work.
(2) An understanding of research designs commonly used in tax, accounting and corporate finance re-search.
(3) The necessary skills to design and conduct empirical research.
能力項目說明
This course surveys classic and contemporary tax research, including (but not limited to) research in the areas of the interaction of taxes with business decisions, the interaction of taxes with financial reporting, the capitalization of taxes into asset prices, and multijurisdictional tax issues.
| 教學週次Course Week | 彈性補充教學週次Flexible Supplemental Instruction Week | 彈性補充教學類別Flexible Supplemental Instruction Type |
|---|---|---|
每周課程進度：
|
週次 |
課程內容與指定閱讀 |
教學活動與課前、課後作業 |
學生學習投入時間（含課堂教學時數） |
|
1 |
課程簡介：
|
教學活動1：稅務會計相關研究 教學活動2：課程進行方式 |
3 |
|
單元一：租稅規避方式及其規劃運作 |
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|
2 |
Scholes, Wolfson, Erickson, Hanlon, Maydew and Shevlin. Taxes and Business Strategy - A Planning Approach. 5th ed. Prentice-Hall, 2015. Chapter 1-5. |
教學活動1：講授 |
2+3 |
|
單元二：租稅規避之綜合整理文獻(Review: tax avoidance) |
|||
|
3 |
|
教學活動1：講授(學生需於課前預先閱讀相關章節) 教學活動2：文獻評論、學生自主討論 |
2+3 |
|
4 |
|
教學活動1：講授(學生需於課前預先閱讀相關章節) 教學活動2：文獻評論、學生自主討論 |
2+3 |
|
5 |
|
教學活動1：講授(學生需於課前預先閱讀相關章節) 教學活動2：文獻評論、學生自主討論 |
2+3 |
|
單元三：避稅機率模型(Tax avoidance probability model) |
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|
6 |
|
教學活動1：講授(學生需於課前預先閱讀相關章節) 教學活動2：文獻評論、學生自主討論 |
2+3 |
|
單元四：經理人避稅動機(Tax avoidance incentive for mangers) |
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|
7 |
|
教學活動1：講授(學生需於課前預先閱讀相關章節) 教學活動2：文獻評論、學生自主討論 |
2+3 |
|
單元五：避稅的效果(Consequence of tax avoidance) |
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|
8 |
|
教學活動1：講授(學生需於課前預先閱讀相關章節) 教學活動2：文獻評論、學生自主討論 |
2+3 |
|
同學指定報告文章(組) |
|||
|
9 |
見指定／參考書目Textbook & References之指定文獻。 |
教學活動1：講授(學生需於課前轉寄相關課堂資料予同學並上台報告。) |
2+3 |
|
10 |
見指定／參考書目Textbook & References之指定文獻。 |
教學活動1：講授(學生需於課前轉寄相關課堂資料予同學並上台報告。) |
2+3 |
|
11 |
見指定／參考書目Textbook & References之指定文獻。 |
教學活動1：講授(學生需於課前轉寄相關課堂資料予同學並上台報告。) |
2+3 |
|
12 |
見指定／參考書目Textbook & References之指定文獻。 |
教學活動1：講授(學生需於課前轉寄相關課堂資料予同學並上台報告。) |
2+3 |
|
13 |
見指定／參考書目Textbook & References之指定文獻。 |
教學活動1：講授(學生需於課前轉寄相關課堂資料予同學並上台報告。) |
2+3 |
|
14 |
見指定／參考書目Textbook & References之指定文獻。 |
教學活動1：講授(學生需於課前轉寄相關課堂資料予同學並上台報告。) |
2+3 |
|
同學報告研究計畫(個人) |
|||
|
15 |
見指定／參考書目Textbook & References之案例。 |
教學活動1：講授(學生需於課前轉寄相關課堂資料予同學並上台報告。) |
2+3 |
|
16 |
見指定／參考書目Textbook & References之案例。 |
教學活動1：講授(學生需於課前轉寄相關課堂資料予同學並上台報告。) |
2+3 |
|
17 |
總自主學習 |
|
2+3 |
|
18 |
完成指定期末報告 |
|
2+3 |
Each week, I will identify one classmate/group as the session leading. The session leading classmate/group should provide a handout and lead a discussion of the assigned readings (i.e., evaluate and/or pose questions regarding the critical aspects of the paper including importance of the topic, ties to prior literature, hypotheses, research design, sample, empirical methods, interpretability of the empirical results, etc.). The session leading classmate/group should not simply summarize the papers.
A.報告之要求：
The structure of your presentation should include the following aspects:
(1) Research Question研究議題
(2) Motivation研究動機
(3) Theory / Hypotheses理論/假說
(4) Contribution/Incremental Contribution研究貢獻
(5) Empirical Design實證設計
(6) Required Data and Data Availability資料結構
(7) Findings / Conclusion發現/結論
報告組需於報告前12小時（週日）晚上9點以前將PPT檔案以EMAIL寄到 jennkuo@gm.ntpu.edu.tw。
檔案名稱：第_組_PAPER_學號姓名_學號姓名
範例:「第1組What does tax aggressiveness signal Evidence from stock price reactions to news a tax shelter involvement JPE2009_1042550025周伯宇_104255014李桂榛」
B. Discussion.
Each non-presentation team must submit a summary of at least two shortcomings or unresolved research issues in each paper. This summary should be sent to the presenter via email no later than 48 hours prior to presentation. The presenter should explain how these questions can be improved or extended during the presentation.
C. Final Proposal之要求
The final class project, which is a comprehensive proposal for an original study in the tax area. The proposal should include your research question, motivation for the question (i.e., why the question is important), the incremental contribution that the project will make to extant literature, a sketch of the empirical design, the data required to test the question, and the expected findings.
課程要求：
Your grade in the course will be based on three factors:
A. Session leading - 40%
B. Hand-writing brief(10) - 20%
C. Final Proposal - 40%
Main paper：
1. Review: tax avoidance (綜合整理文獻：租稅規避)
Hanlon and Heitzman (2010), "A Review of Tax Research," Journal of Accounting and Economics, 50: 127-178.
Graham, John R., Jana S. Raedy and Douglas A. Shackelford (2012), “Research in accounting for income taxes” Journal of Accounting and Economics, 53(1), 412-434.
2. Measurement of tax avoidance: long-term vs. short-term
(租稅規避指標：短期 vs. 長期)
Dyreng, Scott D., Michelle Hanlon, and Edward L. Maydew (2008). "Long-Run Corporate Tax Avoidance," The Accounting Review, 83 (1), 61-82.
Frank, Luann J. Lynch, and Sonja Olhoft Rego(2009) “Tax Reporting Aggressiveness and Its Relation to Aggressive Financial Reporting”, The Accounting Review, 84(2): 467-496
3. Tax avoidance probability model (避稅機率模型)
Wilson, R. (2009). "An Examination of Corporate Tax Shelter Participants," The Accounting Review, 84(3), 969–999.
Lisowsky, Petro (2010). "Seeking Shelter: Empirically Modeling Tax Shelters Using Financial Statement Information," The Accounting Review, 85(5), 1693-1720
4. Tax avoidance incentive for mangers (經理人避稅動機)
Desai and Dharmapala (2006). Corporate Tax Avoidance and High-Powered Incentives,”Journal of Financial Economics, 79(1), 145-179.
Chyz, J.A., (2013). “Personally tax aggressive executives and corporate tax sheltering”, Journal of Accounting and Economics, 56 (2-3). pp. 311-328.
5. Consequence of tax avoidance (避稅的效果)
Desai and Dharmapala (2009). Corporate tax avoidance and firm value. The Review of Economics and Statistics, 91(3): 537–546.
Kim, Jeong-Bon, Yinghua Li, and Liandong Zhang (2011). "Corporate tax avoidance and stock price crash risk: Firm-level analysis," Journal of Financial Economics, 100, 639-662.
Assigned paper：
TBA