Tax Biases to Debt Finance: Assessing the Problem, Finding Solutions

Ruud de Mooij

No 2011/011, IMF Staff Discussion Notes from International Monetary Fund

Abstract: Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.

Keywords: SDN; CIT rate; debt issuance; income tax; cost of capital; debt-equity choice; intracompany debt; debt holder; debt-asset ratio; debt level; pre-existing debt; Debt bias; Corporate income tax; Allowance for corporate equity; Comprehensive business income tax; Stocks; Europe (search for similar items in EconPapers)
Pages: 24
Date: 2011-05-03
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Citations: View citations in EconPapers (25)

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Journal Article: Tax Biases to Debt Finance: Assessing the Problem, Finding Solutions (2012)
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