...Russ Hamilton ABSTRACT Although deferred tax liabilities (DTLs) represent a significant financial statement liability for most firms, research reaches conflicting conclusions regarding investors’ valuation of these items. Using an expanded dataset of hand-collected tax footnotes, I examine...

...Mark Jackson; Sonja Pippin; Jeffrey A. Wong ABSTRACT The U.S. court system plays an important role in resolving asset valuation disagreements between taxpayers and the taxing authority. Prior literature suggests that in estate tax cases, courts act as compromisers choosing a value somewhere...