Unveiling the Modigliani-Miller Tax Deduction Decoy

This paper disproves the implication by Modigliani and Miller (1958) that taxation with interest deductibility is an advantage. This paper shows that government and bank are two robbers. Firms and consumers should avoid both of them. This paper advocates that firms should borrow less with there is taxation

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Year of publication:	2018
Authors:	Choi, Hak
Publisher:	[2018]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Steuervergünstigung \| Tax incentive \| Kapitalstruktur \| Capital structure \| Experiment \| Entscheidung unter Unsicherheit \| Decision under uncertainty

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Extent:	1 Online-Ressource (5 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments February 9, 2015 erstellt
Other identifiers:	10.2139/ssrn.2562733 [DOI]
Classification:	G32 - Financing Policy; Capital and Ownership Structure
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012937499