Nathan Goldman on the Ramifications of Aggressive Tax Planning
Nathan Goldman, assistant professor of accounting, shared research findings on the labor and operating efficiency of companies that practice aggressive tax planning. Researchers looked at a variety of criteria such as sales growth and hiring processes to assess the relationship between aggressive tax planning and labor investment.
“Our study strongly suggests that the risks and uncertainties associated with aggressive tax planning make firms more cautious about engaging in long-term investments, such as hiring,” said Goldman. “Ultimately, the take-away message for business leaders is that they need to think about whether aggressive tax strategies ultimately benefit the company,”
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