공격적인 재무보고와 공격적인 세무보고간의 관련성

This study about the Relation between aggressive financial report and tax report were empirically tested. Aggressive financial report includes a proxy for discretionary accruals were used, and aggressive tax report includes a proxy for discretionary permanent differences and tax evasion. This major findings of this study are as follows: First, Frank et al. (2009) showed that the aggressive financial report firms increase corporate earnings and aggressive tax report firms reduce income tax expense at the same time. In our country as a whole, the relation between the aggressive corporate financial report and the aggressive tax report were the negative(-) relevant. In some companies, the relation between the aggressive corporate financial report and the aggressive tax report were the positive(+) relevant. Second, We find that the firm-years with large aggressive financial report -aggressive tax report sum have relevance that are less than firm-years with small aggressive financial report -aggressive tax report. These results indicate that financial earnings increase and taxable income decrease by discretionary in our country at the same time. This study has the following contributions. First, The information of the aggressive financial report and aggressive tax report would likely provide additional information that would help the information users including investors that they analysis of reporting. Second, We showed that the relation between financial report and tax report showed a direct correlation in terms of one kind of research in previous studies.