Why is the Corporation Tax not Neutral? Anticipated Tax Reform, Investment Spurts and Corporate Borrowing
1999 (English)In: Finanzarchiv, Vol. 56, no 3/3, 285-309 p.Article in journal (Refereed) Published
The paper shows that a corporate tax policy which is thought to be neutral may have significant incentive effects. This result is established in a model with tax advantage to debt and expectations about a forthcoming tax reform. Investment spurt effects a
Place, publisher, year, edition, pages
1999. Vol. 56, no 3/3, 285-309 p.
Tax neutrality; Tax reform; Investment spurts; Debt finance
IdentifiersURN: urn:nbn:se:uu:diva-35809OAI: oai:DiVA.org:uu-35809DiVA: diva2:63709