Corporate Tax Strategy vis-a-vis Corporate Governance in Bangladesh: An Empirical Review

Abstract

77n s- naner examines the tax payment behavior of a company under its tax professional public accountants. Being considered as confidential, these strategy" are kept outside public disclosure. The regulatory from iso,ko or orate governance lacks the explicit provision on J^he reason a survey on a small sample of IS listed companies shows that all the companies properly comply with the Securities and Exchange Commission s corporate governance guidelines. No uniformity has been estimates and measurement, presentation and disclosure. Both random iudgmenl have been applied 10 compute the tax provision. Use of deferred Z^cepfis encouraging. But significant departure has tax computation disclosure as well as tax status report by which the level of fecal Z— can be easily gauged. The. -comply or explain governance framework should be revised to incorporate the tax maers and then the intersection between tax and corporate governance would be more meaningfully interactive.