This research examines the implications and impacts of companies asset revaluation policies in response to tax incentives in 2015. This research adopts a descriptive and narrative approach. The results show that there an increased number of companies opted for assets revaluation policy because of the incentives. Companies that adopt an assets revaluation policy provide more accurate information related to the value of their fixed assets and investment properties. Method of disclosure of asset revaluation differs depending on the revaluation type chosen. The impacts of these assets revaluations are increasing a company's equity, reductions in companies' leverage ratios, deferred tax effects.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.