Rethinking Taxation of Impact Investments

Alessandro Mazzullo ()
Additional contact information
Alessandro Mazzullo: Sapienza University of Rome

Chapter Chapter 3 in Contemporary Issues in Sustainable Finance, 2020, pp 37-59 from Palgrave Macmillan

Abstract: Abstract This chapter analyzes the critical issues and opportunities of a tax model based on social impact. In this perspective, the impact is taken as a substantial legal criterion. Tax concessions to companies and investments, in other words, are not recognized according to the mere purpose of social impact, but on its concrete measurement. In this perspective, it would be possible to conceive the system of tax expenditures, in favor of social entrepreneurship and impact investing, as a form of social investment. A particular focus is dedicated to the specificity of the Italian reform of social enterprise and impact investments. But the analysis also considers more general theoretical aspects such as the impact with the legal principle of “ability to pay” and the protection of competition.

Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:psifcp:978-3-030-40248-8_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9783030402488

DOI: 10.1007/978-3-030-40248-8_3

Access Statistics for this chapter

More chapters in Palgrave Studies in Impact Finance from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().