-border loss offset inherent to formula apportionment. In the medium run, in which only firms can adjust their strategies, tax …, contrary to output factors, input factors provide an insurance against tax revenue shortfalls due to loss-making affiliates. …

This paper investigates the extent to which loss-offset constraints affect corporate tax incentives. Using data … sector had tax loss carryforwards. When weighted by their market value, however, these firms account for less than three … percent of this sector, suggesting that loss carryforwards are concentrated among small firms and affect relatively few large …

-border loss offset inherent to formula apportionment. In the medium run, in which only firms can adjust their strategies, tax …, contrary to output factors, input factors provide an insurance against tax revenue shortfalls due to loss-making affiliates …

This paper investigates the extent to which loss-offset constraints affect corporate tax incentives. Using data … sector had tax loss carryforwards. When weighted by their market value, however, these firms account for less than three … percent of this sector, suggesting that loss carryforwards are concentrated among small firms and affect relatively few large …

We investigate how tax loss offset restrictions affect an investor's evaluation of risky investments under bounded … rationality. We analytically identify behavioral tax effects for different levels of loss offset restrictions, tax rate and … prospect theoretical biases (loss aversion, probability weighting and reference dependence) and find tax loss offset …

We investigate how tax loss offset restrictions affect an investor’s evaluation of risky investments under bounded … rationality. We analytically identify behavioral tax effects for different levels of loss offset restrictions, tax rate and … prospect theoretical biases (loss aversion, probability weighting and reference dependence) and find tax loss offset …