Lightly Taxed Insurers Aim to Tap TARP

Jesse Drucker and Tom McGinty's method for this article was based on one developed by UNC Kenan-Flagler accounting professor Ed Maydew along with Michelle Hanlon of the University of Michigan and Scott Dyreng of Duke University."The trio published a paper this year arguing that the 'long run cash effective tax rate' is the best measurement of a company's true tax obligations, in part because...