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deadweight loss from the asymmetric tax treatment of debt and equity and to identify the second-best optimal debt-asset ratio in …
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This paper investigates the impact of an Allowance for Corporate Equity (ACE) on the expected tax revenues and on the … international tax competition. Beginning with an analysis of the relation between the rate of return on equity and the interest rate … accompanies the implementation of a low withholding tax on interests. -- Allowance for Corporate Equity ; ACE ; thin …
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