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Several M&amp;A features were tested in a sample which covers 391 European deals announced between 2005 and 2014. Overall, results suggest that there is no evidence of changes in acquirer\u2019s ETR following M&amp;As. However, evidence was found of a decrease in acquirer\u2019s ETR of about 6.7% when the target firms report negative pre-tax income before the deal, and of 2.6% for domestic M&amp;A. The decrease is increased to 7.9% if these characteristics are not mutually exclusive. Furthermore, it was found that acquirer\u2019s ETR decreases with profitability, which is more pronounced in the presence of M&amp;A deals. The findings support the longstanding view that taxation may not trigger M&amp;As, although significant tax savings appear to occur for certain M&amp;A characteristics.<\/jats:p>","DOI":"10.22495\/cocv15i2c1p2","type":"journal-article","created":{"date-parts":[[2018,3,2]],"date-time":"2018-03-02T06:16:07Z","timestamp":1519971367000},"page":"148-160","source":"Crossref","is-referenced-by-count":7,"title":["Corporate tax avoidance and profitability followed by mergers and acquisitions"],"prefix":"10.22495","volume":"15","author":[{"given":"Daniel","family":"Duarte","sequence":"first","affiliation":[]},{"ORCID":"https:\/\/orcid.org\/0000-0003-4177-5673","authenticated-orcid":false,"given":"Victor","family":"Barros","sequence":"additional","affiliation":[]}],"member":"9787","published-online":{"date-parts":[[2018,3,2]]},"reference":[{"unstructured":"Abeysekera, I. (2012). Measuring and recognizing the value of purchased goodwill: A note on market measurement method. 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