
More Corporate Tax Disclosure, Worse Investor Decisions?
With the onset of ASU 2023-09 starting for most firms in 2025, corporations must now provide some of the most detailed tax disclosures in their financial statements ever before. While the aims of this legislation are to shed light on corporations' tax activities, there is an inherent incentive for external stakeholders to have a better understanding of the aggressiveness of corporations' tax planning.















































