Tax rule changes and timing of asset write-offs in loss-making firms

Taxation influences many of the decisions made by companies and requires increasing documentation efforts to comply with the law. While taxation affects profit- and loss-making businesses, research into taxation often excludes loss-making firms. New research by Dr Saskia Kohlhase from Rotterdam School of Management, Erasmus University (RSM) and Dr Jochen Pierk from the Erasmus School of Economics looked specifically at loss-making firms to determine the impact of changes in tax rules on financial reporting.