Book-Tax conformity in the IFRS Era

This book aims to provide the reader with a comprehensive picture of the accounting issues regarding book-tax conformity considering IFRS adoption. After a summary of the relationship between book and taxable income across jurisdictions, the book offers a review of extant research on book-tax conformity. Both theoretical and empirical studies are covered, underlining the ongoing debate on the costs and benefits of book-tax conformity. The empirical research included in the book aims at evaluating the effect of both weak and strong book-tax conformity on accounting quality by analysing the impact of IFRS adoption on tax reporting in reference to listed Italian companies. Since the large body of extant literature on book-tax conformity has not reached a consensus over its consequences on financial reporting, this work widens the findings of this strand of research.

Luca Menicacci is Adjunct Professor in Accounting at the Free University of Bozen-Bolzano. Previously, he was a Ph.D. student at the University of Florence, where he also served as a lecturer in International Accounting. Corporate taxation, tax avoidance, accounting quality, and non-financial reporting are among his research interests. He is a member of SIDREA, EAA, and BAFA. He holds a Doctoral degree in Business Administration and Management and is a Certified Accountant and Auditor in Italy.