uncertainty, because investors use simplified models for computing an investment project's tax base and anticipate the actual tax … effects of tax base and tax rate uncertainty, the investment's tax payment is modelled as a stochastic process that may be … correlated with the project's cash flows. I show that increased uncertainty of tax payments has an ambiguous impact on investment …

that anticipate the actual tax base incorrectly. I analyze the effects of stochastic taxation on investment behavior in a … the effects of both tax base and tax rate uncertainty, the investment's tax payment is modelled as a stochastic process …. Increased tax uncertainty has an ambiguous impact on investment timing. The view that tax uncertainty depresses real investment …

sources positive tax knowledge sharing amongst people or tax payers lead to effective investment. Unlike developing countries … the main challenges in the tax system is how to collect taxes due to tax evasion. The main reason is the uncertainty …, is the discussion and sharing the viewpoint of each other. If there is any positive tax effect prevalence of speech among …

revenue from the graduate tax. -- Human capital investment ; educational risk ; wage risk ; learning effort ; graduate …