On Biden's Proposed Minimum Book Tax

Materials referenced in the podcast

• Made in America Tax Plan Green Book

• Hanlon, M. and S. Heitzman. 2010. A review of tax research. Journal of Accounting and Economics 50: 127-178.

• Lisowsky, P., L. Robinson, and A. Schmidt. 2012. Do privately disclosed tax reserves tell us about privately disclosed tax shelter activity? Journal of Accounting Research 51: 583-629.

• Tax Cuts and Jobs Act of 2017

• Netflix rigged CEO bonus plan for tax avoidance, complaint alleges. Edward C. Baig. USA Today. 11 April 2018.

• IRS: Home office deduction

• Our calculations use data from public corporate filings compiled in Compustat North America. Please email the hosts for additional details on their analyses.

Additional readings and resources

• Biden's "book" profits tax risks distorting corporate financials. Allyson Versprille and Nicola M. White. Bloomberg Tax. 8 April 2021.