TY  - JOUR
AU  - Graham,John
AU  - Raedy,Jana
AU  - Shackelford,Douglas
TI  - Research in Accounting for Income Taxes
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 15665
PY  - 2010
Y2  - January 2010
UR  - http://www.nber.org/papers/w15665
L1  - http://www.nber.org/papers/w15665.pdf
N1  - Author contact info:
John Graham
Duke University
Fuqua School of Business
100 Fuqua Drive
Durham, NC 27708-0120
Tel: 919/660-7857
Fax: 919/660-8038
E-Mail: john.graham@duke.edu

Jana Raedy
University of North Carolina, Chapel Hill
Kenan-Flagler Business School
Campus Box 3490, McColl Building
Chapel Hill, NC  27599-3490
E-Mail: jana_raedy@unc.edu

Douglas Shackelford
University of North Carolina at Chapel Hill
Kenan-Flagler Business School
Campus Box 3490, McColl Building
Chapel Hill, NC  27599-3490
Tel: 919/962-3197
Fax: 919/962-4727
E-Mail: doug_shack@unc.edu
AB  - This paper comprehensively reviews Accounting for Income Taxes (AFIT). The first half provides background and a primer on AFIT. The second half reviews existing studies in detail and offers suggestions for future research. We emphasize the research questions that have been addressed (most of which relate to whether the tax accounts are used to manage earnings, and whether the tax accounts are priced by equity market participants) and highlight areas that have not received much research attention.  We close with a call for a theoretical framework, more study of the inconsistencies between research and practice, and improved econometrics.
ER  -