Tax Planning And Information Content Of Taxable Income Of Listed Companies In Nigeria

Tax planning exploits both opportunity and loopholes in government tax policies and often involves the use of legal and professional arrangements, wherein organizations shift the burden of tax within the statutorily required limit, some of the arrangements include altering the information content of the taxable income which may distort the fairness of the financial statement. This work examined the impact of tax planning on information content of taxable income. The research adopted survey and expost-facto design. Financial statements of selected companies from Manufacturing, banking and insur…