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No doubt when BP lost 50% of its share value in 50 days after the Deep Water Horizon spill or when Starbucks faced boycotts over perceived tax avoidance in the UK, these were material impacts.
If any of the downward pressure was due to actual or perceived tax loss selling, that is now past.
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These results are consistent with the notion that outside investors may perceive tax avoidance or tax sheltering as a risky managerial strategy during periods of financial constraints (distress).
Citizens are more likely to perceive tax obligations more favourably, and comply with those obligations voluntarily, when their government is seen to be acting in a trustworthy manner.
Despite backing legislation that would end Ace's perceived sweetheart tax deal, both Chubb and Hartford had lower tax rates in 1999.
Despite backing legislation that would end Ace's perceived sweetheart tax deal, both Chubb and Hartford had lower tax rates than Ace in 1999.
This sequence raises the perceived "mommy tax," and it highlights the failure of employers and government to accommodate the demands of child-rearing.
"I think it's one of the things Republicans would like to keep in place and the Democrats would like to do away with because they're perceived as tax avoidance schemes [for the rich]," says Rob Elliott, senior managing director at Bessemer Trust, a leading private bank in New York.
Compulsory loans have been used as an alternative to taxation, but they have usually been perceived as taxes by the public.
The protesters vented their spleens over a wide range of targets, from conservative staples such as perceived high taxes and big government, through President Barack Obama's plans to reform health care, to more extreme portrayals of Obama as a terrorist or a Hitler figure.
Anger seethes across America's conservative landscape -- against government bailouts, unemployment, immigration, perceived high taxes, and the social shift of racial minorities one day becoming the majority.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com