Journal of Business Economics (2024) 94:579–611
https://doi.org/10.1007/s11573-023-01177-1
  ORIGINAL PAPER

How to account for tax planning and its uncertainty in firm
valuation?
Jonas Knaisch1
Accepted: 3 August 2023 / Published online: 7 September 2023
The Author(s) 2023

Abstract
I compare two approaches from the recent literature on how to account for tax plan-
ning and its uncertainty in a valuation framework [the separate view of Drake et al. (J
Account Audit Financ 34(1):151–176, 2019) ...