The Relation Between Book and Taxable Income Since the Introduction of the Schedule M-3

Danielle H. Green and George A. Plesko

National Tax Journal, 2016, vol. 69, issue 4, 763-784

Abstract: We review the trends in book-tax differences in the United States since 2004 under an evolving regulatory environment that has required businesses to provide greater disclosure of their tax positions to the Internal Revenue Service and to the public. We focus on the period since the release of the Schedule M-3 to examine book-tax differences over time and across reporting regimes. We find that while the magnitude of book-tax differences has continued to increase since the release of the Schedule M-3 and other disclosure changes, their relative magnitude has remained largely unchanged. We also find that traditional economic and accounting variables appear to explain less of the variation in book-tax differences over time.

Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://doi.org/10.17310/ntj.2016.4.02 (text/html)
Access is restricted to subscribers and members of the National Tax Association.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ntj:journl:v:69:y:2016:i:4:p:763-784

Access Statistics for this article

National Tax Journal is currently edited by Stacy Dickert-Conlin and William M. Gentry

More articles in National Tax Journal from National Tax Association, National Tax Journal Contact information at EDIRC.
Bibliographic data for series maintained by The University of Chicago Press ().