hy teach? For Doug Shackelford, it was one particular experience that led him to the classroom. Doug was working with accounting firm Arthur Andersen when, after the 1984 Tax Reform Act, he volunteered to teach his colleagues the new policy changes. Doug found that he loved the exchange of knowledge. He loved learning by teaching, so he went on to pursue his PhD. Not only a distinguished professor, Doug is also a foremost world expert in tax. He has even testified before Congress on taxation.
A true Tar Heel, Doug came back to his alma mater to pass on his extensive knowledge of taxation and policy. The complexity and idiosyncrasies of tax policy satisfy his innate curiosity. Doug's students leave UNC Kenan-Flagler with a deeper understanding of how taxes will impact their own businesses. Doug is especially gratified when his students return to their family businesses with an improved understanding of how best to help their businesses and, indeed, their families.
As well as the taxation of multinational corporations and the disclosure of corporate tax information, Doug is equally interested in the ethics of tax policy. He passes his own high ethical standards to his students. Doug embodies the values of UNC Kenan-Flagler: leadership, community, integrity, excellence, and teamwork.
Estimated Average Effective Tax Rate, 1997 - 2006
As part of the paper he presented in London, Doug computed the estimated average effective tax rate for multinational corporations in a number of countries and regions. Use the scroll bar below to view how tax rates have changed since 1997.
Douglas A. Shackelford
Meade H. Willis Distinguished Professor of Taxation of Accounting
Douglas A. Shackelford's research and areas of interest include the effects of shareholder taxes on equity prices, the taxation of multinationals, and the disclosure of corporate tax information. He has published widely in accounting, economics, and finance journals.
- PhD, University of Michigan
- BS, UNC-Chapel Hill
- Taxes and Business Strategy (MBA & MAC)
- Tax Research (PhD)
- National Bureau of Economic Research
- Oxford University Centre for Taxation and International Research
- Founder & Director, UNC Tax Center
In the Media
Dow Jones Newswires
Tax Notes International