On Corporate Tax Asymmetries and Neutrality

Paolo Panteghini

German Economic Review, 2001, vol. 2, issue 3, 269-286

Abstract: This article discusses the effects of corporate tax asymmetries under investment irreversibility. We introduce a tax scheme where the tax base is given by the firm's return net of a rate of relief. When the firm's return is less than the imputation rate, however, no tax refunds are allowed. Unlike symmetric tax systems, the scheme proposed is neutral with respect not only to income uncertainty but also to policy uncertainty.

Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (21)

Downloads: (external link)
https://doi.org/10.1111/1468-0475.00038 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
Journal Article: On Corporate Tax Asymmetries and Neutrality (2001)
Working Paper: On Corporate Tax Asymmetries and Neutrality (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:germec:v:2:y:2001:i:3:p:269-286

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/ger/html

DOI: 10.1111/1468-0475.00038

Access Statistics for this article

German Economic Review is currently edited by Peter Egger, Almut Balleer, Jesus Crespo-Cuaresma, Mario Larch, Aderonke Osikominu and Georg Wamser

More articles in German Economic Review from De Gruyter
Bibliographic data for series maintained by Peter Golla ().