حسابداری از مالیات بر سود و نتیجه جهانی: مرتبط بودن ارزش در بازار مالی اسپانیا

Accounting for income taxes has been a huge subject in academic literature. A draft on their reform is currently expected from International Accounting Standard Board (IASB). Despite the liability method for income tax accounting, empirical research has been focused on models that only consider the income in profit and loss, omitting the income tax allocation in other comprehensive income. Through a model based on Ohlson (1995), deferred income assets and liabilities impact on the valuation of firms. Accordingly, disclosure about income taxes should be increased, since these items affect investor projections on future cash flows of companies. On the other hand, the requirements on the recognition of assets arising from tax benefits should be increased, as in our study they show negative and significant coefficients.