This study investigates whether glamour companies have higher effective tax rates than value companies. Glamour companies are defined using a Lakonishok et al. (1994) definition as companies that have a high price-to-earnings ratio and high sales growth. Conversely, value companies have a low...

Section 246A creates another situation in which a corporation's liabilities must be related to a specific type of asset: a dividend-paying stock. If the relationship is direct, the dividend received deduction is denied the corporate investor. As discussed in this article, in determining whether...

In this report, Professors Seago and Schnee demonstrate that adjusting the formula used to tax the gain recognized when a parent sells a subsidiary will eliminate some triple taxation of corporate income. The changes should also result in increased federal revenues