Petro Lisowsky

Dean’s Research Scholar Associate Professor, Accounting
  • Phone 617-353-2661
  • Office 518H

  • BOSTON UNIVERSITY
    Questrom School of Business
    Rafik B. Hariri Building
    595 Commonwealth Avenue
    Boston, MA 02215

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Petro (Pete) Lisowsky is an Associate Professor of Accounting at the Questrom School of Business at Boston University and an external research affiliate with the Norwegian Center for Taxation at the Norwegian School of Economics. He was formerly an Associate Professor of Accounting at the University of Illinois at Urbana-Champaign and twice a Visiting Associate Professor at the MIT Sloan School of Management (2015 – 2016 and 2023).

Lisowsky has research interests in U.S. and international corporate tax policy; tax reporting, disclosure, and organizational form; and financial reporting choices of private companies. His research has been published in several leading accounting journals. Lisowsky has taught various tax and financial accounting courses at the undergraduate, graduate, and doctoral student levels. He was an academic consultant to the Internal Revenue Service during 2005 – 2021, and worked at the U.S. Treasury Department Office of Tax Analysis, U.S. Defense Department, and Deloitte Tax LLP. He served as President of the American Taxation Association in 2022 – 2023.

Lisowsky holds a BBA and Master of Accounting degrees, both from the University of Michigan, and a PhD from Boston University. He is a licensed CPA.

    Education
  • PhD, Boston University Questrom School of Business, 2008
  • MAcc, University of Michigan, 2002
  • BBA, University of Michigan, 2001
    Publications
  • Ciconte, W., Donohoe, M., Lisowsky, P., Mayberry, M. (2024). "The predictive ability of tax contingencies for future income tax cash outflows", Contemporary Accounting Research, 41 (1), 355-390
  • Lisowsky, P., Ciconte, W., Donohoe, M., Mayberry, M. (2023). "The Predictive Ability of Tax Contingencies for Future Income Tax Cash Outflows", Contemporary Accounting Research
  • Donohoe, M., Jang, H., Lisowsky, P. (2022). "Competitive Externalities of Tax Cuts", Journal of Accounting Research, 60 (1), 201-259
  • Donohoe, M., Jang, H., Lisowsky, P. (2022). "Competitive Externalities of Tax Cuts", Journal of Accounting Research, 60 (1), 201-259
  • Demeré, P., Donohoe, M., Lisowsky, P. (2020). "The economic effects of special purpose entities on corporate tax avoidance", Contemporary Accounting Research
  • Lisowsky, P., Minnis, M. (2020). "The Silent Majority: Private U.S. Firms and Financial Reporting Choices", Journal of Accounting Research, 58 (3), 547-588
  • Lisowsky, P., Donohoe, M., Mayberry, M. (2019). "The Effects of Competition from S Corporations on the Organizational Form Choice of Rival C Corporations"", Contemporary Accounting Research 1784-1823
  • Hopland, A., Lisowsky, P., Mardan, M., Schindler, D. (2018). "Flexibility in Income Shifting under Losses", The Accounting Review, 93 (3), 163-183
  • Lisowsky, P., Minnis, M., Sutherland, A. (2017). "Economic Growth and Financial Statement Verification", Journal of Accounting Research, 55 (4), 745-794
  • Klassen, K., Lisowsky, P., Mescall, D. (2017). "Transfer Pricing: Strategies, Practices, and Tax Minimization", Contemporary Accounting Research, 34 (1), 455-493
  • Klassen, K., Lisowsky, P., Mescall, D. (2016). "The Role of Auditors, Non-Auditors, and Internal Tax Departments in Corporate Tax Aggressiveness", The Accounting Review, 91 (1), 179-205
  • Donohoe, M., Lisowsky, P., Mayberry, M. (2015). "WHO BENEFITS FROM THE TAX ADVANTAGES OF ORGANIZATIONAL FORM CHOICE?", National Tax Journal, 68 (4), 975-997
  • Beck, P., Lisowsky, P. (2014). "Tax Uncertainty and Voluntary Real-Time Tax Audits", The Accounting Review, 89 (3), 867-901
  • Lennox, C., Lisowsky, P., Pittman, J. (2013). "Tax Aggressiveness and Accounting Fraud", Journal of Accounting Research, 51 (4), 739-778
  • Lisowsky, P., Robinson, L., Schmidt, A. (2013). "Do Publicly Disclosed Tax Reserves Tell Us About Privately Disclosed Tax Shelter Activity?", Journal of Accounting Research, 51 (3), 583-629
  • Lisowsky, P. (2010). "Seeking Shelter: Empirically Modeling Tax Shelters Using Financial Statement Information", The Accounting Review, 85 (5), 1693-1720
  • Lisowsky, P. (2009). "Inferring U.S. Tax Liability from Financial Statement Information", Journal of the American Taxation Association, 31 (1), 29-63
  • Lisowsky, P., Boynton, C., William, T. (2008). "E-File, Enterprise Structures, and Tax Compliance Risk Assessment", Tax Notes 1069-1078
  • Lisowsky, P., Trautman, W. (2007). "Book-Tax Consolidation, Rates of Return, and Capital Structure", Tax Notes 1043-1071
  • Lisowsky, P., Boynton, C., Mills, L. (2004). "Consolidation Anomalies in Form 1120 Corporate Tax Return Data", Tax Notes 405-417
    Research Presentations
  • Lisowsky, P. , Chiu, T. Customer Tax Uncertainty and Supplier Investment, Hong Kong Polytechnic University, 2023
  • Lisowsky, P. , Chiu, T. Customer Tax Uncertainty and Supplier Investment, City University of Hong Kong, 2023
  • Lisowsky, P. The Effect of the Tax Cuts and Jobs Act on Corporate Payout Policies, Max Planck Institute: Governance and Its Funding in the 21st Century, Berlin, Germany, 2023
  • Lisowsky, P. Discussion of "How Effective are Emission Taxes in Reducing Air Pollution?", London Business School-Stanford University Global Tax Conference, London, UK, 2023
  • Lisowsky, P. , Albuquerque, A. The Effect of the Tax Cuts and Jobs Act on Corporate Payout Policies, Bocconi University, 2023
  • Lisowsky, P. Does the Story Matter? Putting Financial Statement Numbers into Context Using XBRL Data, University of Texas at Austin, 2022
  • Lisowsky, P. Book Minimum Tax, Sidley Austin LLP, 2022
  • Lisowsky, P. Does the Story Matter? Putting Financial Statement Numbers into Context Using XBRL Data, Vienna University of Economics and Business, 2022
  • Lisowsky, P. , Casi, E. Does the Story Matter? Putting Financial Statement Numbers into Context Using XBRL Data, Annual Congress of the European Accounting Association, 2022
  • Lisowsky, P. Taxes and Investment: Evidence from the "Halloween Massacre" of 2006, American Taxation Association (ATA) Midyear Meeting, 2022
  • Lisowsky, P. , Burd, C. Does the Story Matter? Putting Financial Statement Numbers into Context Using XBRL Data, Financial Accounting and Reporting Section (FARS) Midyear Meeting, 2022
  • Lisowsky, P. Does the Story Matter? Putting Financial Statement Numbers into Context Using XBRL Data, National Tax Association Annual Meeting, 2021
  • Lisowsky, P. Does the Story Matter? Putting Financial Statement Numbers into Context Using XBRL Data, Indiana University, 2021
  • Lisowsky, P. Does the Story Matter? Putting Financial Statement Numbers into Context Using XBRL Data, University of Illinois / Deloitte Tax Doctoral Consortium, 2021
  • Lisowsky, P. Does the Story Matter? Putting Financial Statement Numbers into Context Using XBRL Data, University of Georgia, 2021
  • Lisowsky, P. Discussion of: “Taxes Depress Corporate Borrowing: Evidence from Private Firms”, University of North Carolina Tax Symposium, 2021
  • Lisowsky, P. , Minnis, M. The Silent Majority: Private U.S. Firms and Financial Reporting Choices, Internal Revenue Service - Research, Applied Analytics and Statistics (RAAS) and Large Business & International (LB&I) Divisions, 2021
    Awards and Honors
  • 2023, Broderick Award for Outstanding Contribution to the Undergraduate Community
  • 2021, Edmund Outslay Best Paper Award
  • 2019, American Taxation Association Marty Escoffier Hospitality Award
  • 2017, List of Teachers Ranked as Excellent - Top 10%
  • 2017, Raymond A. Hoffman Faculty Excellence Award
  • 2016, Professor Ken Perry Faculty Fellow
  • 2016, 2016 American Taxation Association Outstanding Manuscript Award
  • 2015, List of Teachers Ranked as Excellent
  • 2015, University of Illinois at Urbana-Champaign College of Business Alumni Award for Excellence in Undergraduate Teaching
  • 2015, Financial Accounting and Reporting Section Midyear Meeting Best Paper Award Finalist
  • 2014, List of Teachers Ranked as Excellent
  • 2013, List of Teachers Ranked as Excellent
  • 2013, Raymond A. Hoffman Faculty Excellence Award
  • 2012, Head's Award for Excellence in Accountancy Education
  • 2012, List of Teachers Ranked as Excellent
  • 2011, List of Teachers Ranked as Excellent
  • 2010, PricewaterhouseCoopers Faculty Fellow
  • 2010, List of Teachers Ranked as Excellent
  • 2009, American Taxation Association / PricewaterhouseCoopers Outstanding Dissertation Award
  • 2008, Journal of the American Taxation Association Outstanding Paper Award
  • 2008, Outstanding Student Research Award
  • 2007, Outstanding Student Teaching Award
  • 2006, American Taxation Association-Deloitte-Michael J. Cook Doctoral Consortium Fellow
  • 2003, Doctoral Fellowship
  • 2003, Special Act Award
  • 2001, Michael and Joan Sakkinen Accounting Scholarship
  • 1998, Senkowsky Prize for Achievement
  • 1997, University of Michigan Regents Merit Scholarship