We contribute to the empirical literature on the debt bias of corporate income taxation through a micro …-econometric evaluation of the so-called ACE corporate tax reform in Belgium based on firm-level accounting data. We interpret the tax reform … that came into effect in January 2006 as an economic quasi experiment. We identify its causal impact on the leverage ratio …

performance levels. The capital structure of Austrian SMEs are biased towards debt-financing and stronger equity, growth and …

-specific data from the Bureau of Economic Analysis, we find that firms with high tax-induced foreign cash have approximately 3 ….3 percent higher domestic liabilities relative to other multinationals, equivalent to $152.2 million more domestic debt per firm …, or approximately $98.9-$141.9 billion in aggregate. We next examine motives for firms with tax-induced foreign cash to …

corporate tax reform in Germany. The financial leverage is measured by the ratio of long-term debt to total capital. Endogeneity … tax rate on corporate leverage: on average, an increase of the tax rate by 10 percent would increase the financial … leverage by about 5 percent. We also find that the debt ratio is less responsive for small corporations and for corporations …

corporate tax reform in Germany. The financial leverage is measured by the ratio of long-term debt to total capital. Endogeneity …. -- Financial leverage ; financial structure ; debt ratio ; corporate income taxation ; corporate tax return data … tax rate on corporate leverage: on average, an increase of the tax rate by 10 percent would increase the financial …

issuer firms expand their total assets and fixed assets, and also raise their leverage …

their leverage …