Work

Asymmetric Taxation under Incremental and Sequential Investment

Year: 2005

Type: article

Abstract: This article discusses the effects of an asymmetric tax scheme on incremental and sequential investment strategies. The tax base is equal to the firm's return, net of an imputation rate. When the firm's return is less than this rate, however, no tax refunds are allowed. This scheme is neutral under both income and capital uncertainty.

Source: Journal of Public Economic Theory

DOI: 10.1111/j.1467-9779.2005.00243.x

Author: PAOLO M. PANTEGHINI

Institution: University of Brescia

Language: English

Topic: Corporate Taxation and Avoidance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2233921035

FWCI: 12.64

Cites: 24

Cited by: 41

Related to: 10