Examination of Tax Sheltering Activity: Evidence of 6 Asian Countries

This research examines tax sheltering activity in 6 Asian countries. This research shows that tax planning differs depending on countries, in some ways corporations accomplish tax management and significantly change in tax planning activity year by year in 6 Asian countries. This study does not provide an evidence of general trend of tax management activity, but shows economically developed countries has involved in more complex and aggressive corporate tax sheltering activity. However, it is also found that developing countries allow the elements of a financial plan in the most tax-efficient manner possible. This research provides useful information to tax administrators in determining compliance with the tax code, and assists investors in understanding the properties of reported corporate earnings.