This book investigates the taxation of companies under economic and financial distress. A company in economic distress has no or low profitability and a low going-concern value. On the other hand, a company in financial distress is a viable entity with current, but not necessarily long-term,...

The present study has two aims: to present our General Theory of Social and Tax Expenditures; and to apply this to the French tax system. After highlighting how the evaluation and management of tax loopholes has failed in France and the rest of the developed world, the first section discusses...

This paper offers a quantitative description of European private equity markets and compares the recent development in these markets with the development of the US venture capital market. Moreover, the paper addresses the differences between private equity investors acting in a single national...