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The Rhetorical Handling and Construction of Uncertainty in Tax Litigation Concerning Valuation of Financial Instruments

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  • Sandell Niklas

    (Senior Lecturer of Business Administration, Knut Wicksell Centre for Financial Studies, School of Economics and Management, Lund University, Lund, Sweden .)

Abstract

A tax litigation concerning the value of non-traded financial instruments is impregnated by uncertainty. The aim of this paper is to study how uncertainty inherent in financial valuation models is discursively and rhetorically handled and constructed by the litigating parties as well as the court. A discourse analysis guided by the notion of hedging is conducted on The Swedish Tax Agency v. PwC (2013, 2014). The analysis demonstrates a sparse use of hedging. Rather, certainty characterizes tax litigation. However, the analysis shows that the litigating parties as well as the court participates in the construction of claims as facts, distancing themselves from their own claims and decisions.

Suggested Citation

  • Sandell Niklas, 2022. "The Rhetorical Handling and Construction of Uncertainty in Tax Litigation Concerning Valuation of Financial Instruments," Nordic Tax Journal, Sciendo, vol. 2022(1), pages 27-44, December.
    • Handle: RePEc:vrs:notajo:v:2022:y:2022:i:1:p:27-44:n:4
    DOI: 10.2478/ntaxj-2021-0001
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    References listed on IDEAS

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