Investigating the Relationship between Tax Planning and Company Value

Morteza Qomash Haji

Abstract


Many companies around the world pay exorbitant costs for not paying their taxes (tax planning costs). Companies usually achieve this through legal (tax avoidance) and illegal (tax evasion) or late payment of taxes and grievances. Does this planning increase the company's stock price and increase benefits over costs or not? The extent to which corporate governance influences this issue has been investigated in this study. The results of this study show that tax planning reduces the value of the company and is not in the interest of shareholders, companies and the government. Corporate governance also plays a moderating role in Reducing these effects has nothing to do with this.

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References


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