Add to ORKGWe introduce the concept of weak tax neutrality which establishes that the relationship between the tax rate and the user cost of capital may be non-monotonic. We show that most existing corporate tax systems allow for weak neutrality. That is, given the tax allowances permitted by these systems, it is possible that neutrality may arise for at least one positive corporate tax rate. Moreover, we show the practical relevance of weak neutrality in realistic situations where there are several asset types and heterogeneous levels of firms’ debt ratios
We propose a methodology for assessing the neutrality of corporate tax reform proposals in an open e...
The term tax neutrality refers to at least two quite different concepts. In its most common usage,...
The majority of experts agree that taxes are distortionary in nature. This is relatively true for al...
This paper shows one important result, namely, that corporate tax systems that allow at least for t...
It is widely agreed that, in the absence of specific corrective aims, the corporate tax system shoul...
Tax minimization by multinational firms creates the potential for an effective tax rate differential...
The majority of experts agree that taxes are distortionary in nature. This is relatively true for al...
While corporate taxation is a major issue in the debate over international finance, economic theory ...
Is tax neutrality an illusion? My honored friend Pierre Beltrame and his distinguished co-author Luc...
textabstractThe tax neutrality principle was defined as a tax system not influencing the taxpayers’ ...
The paper shows that a corporate tax policy which is thought to be neutral may have significant ince...
Efforts to identify and implement an appropriate tax neutrality benchmark have been persistent theme...
article published in law reviewGiven the current tax rate structure - where the marginal tax rate of...
We propose a methodology for assessing the neutrality of corporate tax reform proposals in an open e...
The term tax neutrality refers to at least two quite different concepts. In its most common usage,...
The majority of experts agree that taxes are distortionary in nature. This is relatively true for al...
This paper shows one important result, namely, that corporate tax systems that allow at least for t...
It is widely agreed that, in the absence of specific corrective aims, the corporate tax system shoul...
Tax minimization by multinational firms creates the potential for an effective tax rate differential...
The majority of experts agree that taxes are distortionary in nature. This is relatively true for al...
While corporate taxation is a major issue in the debate over international finance, economic theory ...
Is tax neutrality an illusion? My honored friend Pierre Beltrame and his distinguished co-author Luc...
textabstractThe tax neutrality principle was defined as a tax system not influencing the taxpayers’ ...
The paper shows that a corporate tax policy which is thought to be neutral may have significant ince...
Efforts to identify and implement an appropriate tax neutrality benchmark have been persistent theme...
article published in law reviewGiven the current tax rate structure - where the marginal tax rate of...
We propose a methodology for assessing the neutrality of corporate tax reform proposals in an open e...
The term tax neutrality refers to at least two quite different concepts. In its most common usage,...
The majority of experts agree that taxes are distortionary in nature. This is relatively true for al...