Taxes and Business Strategy: A Planning Approach

by Myron Scholes, Mark Wolfson, Myron; Wolfson Scholes

Book Overview

This text stresses the implications of tax rules for individual and firm behaviour. Written from an economic decision-making perspective, it provides an analysis of how tax rules influence economic... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0138857407
• ISBN13: 9780138857400
• Release Date: January 1991
• Publisher: Prentice Hall
• Length: 616 Pages
• Weight: 2.55 lbs.
• Dimensions: 1.5" x 7.3" x 9.6"

Customer Reviews

Nice one Merle!

Took Professor Merle Erickson's course (few years ago now) never met a professor who made more of an effort to get the message across, and in this case a very valid/worthwhile message! The book is readable and useful.....where do you think much of Private Equity/Structured Finance profits come from?!

Solid treatment of material

We used this book as the text for a masters level course in our masters of accouting program. Students responded well and appeared to enjoy the book. They found the treatment of the material to be at an apporpriate level, and they rated the book a five on a five point anonymous rating. The only suggestion they proferred was for some companion piece covering a few of the more currently used planning techniques.

Great Text For a Complex Subject

As another reviewer states, the material for this book was used in the Taxes & Business Strategy class at both the University of Chicago and Stanford's business schools. Compared to other texts on this subject, it is actually readable and, more importantly, understandable to a non-tax professional. The are an abundance of examples that you can apply directly to situations which arise in real world situations. The 2nd edition has been updated to reflect most recent changes in the tax law.The book is a must for anybody in investment banking, law, private equity, and other fields where a tax plays a large role in determining the outcome and structure of deals, compensation, etc.

A good text

Excerpts of the text are used in the Taxes and Business Strategy course at the University of Chicago Graduate School of Business. Scholes and Wolfson have provided an excellent, multi-perspective framework for thinking about tax issues and how taxes can impact the value of a transaction. Unfortunately, S & W have been making too much money in the private sector to update this book so some of the details in the book regarding tax laws are dated.

A must for anyone with significant tax exposure

Having taken Wolfson's class at Stanford Business School, I can attest to the value of this book. Prof. Wolfson & Myron Scholes present the implications of certain taxation issues in an extremely clearheaded fashion.