Partner leasing in Sweden: a case study in financial innovation and re-regulation

Ken Angelin and L. Peter Jennergren
Additional contact information
Ken Angelin: Stockholm School of Economics
L. Peter Jennergren: Stockholm School of Economics

Finnish Economic Papers, 1998, vol. 11, issue 1, 3-18

Abstract: Partner leasing is a form of financial leasing which is driven primarily by tax considerations. We discuss how partner leasing flourished in Sweden as a financial innovation in response to particular tax rules around 1983, and how the authorities attempted to eliminate it. Specific reference is made to the Tjädern case, an authentic and sophisticated piece of financial engineering. The lowering of the corporate income tax rate through the 1991 tax reform and the subsequent fall in interest rates seem to have made partner leasing relatively uninteresting today as a corporate tax planning device.

JEL-codes: G28 H25 H26 (search for similar items in EconPapers)
Date: 1998
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://taloustieteellinenyhdistys.fi/images/stories/fep/f1998_1a.pdf (application/pdf)

Related works:
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:fep:journl:v:11:y:1998:i:1:p:3-18

Access Statistics for this article

More articles in Finnish Economic Papers from Finnish Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Editorial Secretary ( this e-mail address is bad, please contact ).