Abstract:

This study analyzes the influence of firm performance and firm value on the corporate tax burden. There are estimated multiple regression models with panel data, with fixed effects and with random effects, for a sample of US companies, over a period of 10 years. The main results indicate a negative influence of the firm performance, firm value, liquidity, firm age and firm size on the corporate tax burden. However, there are factors which affect both positively and negatively the tax burden. The results are interpreted from both a statistical and an economic standpoint.