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Tax competition for the mobile factor capital has led to a trend in many countries to levy lower taxes on interest income, often introducing differential taxation between interest and business income. In this study, we analyze the effect of such differential taxation on the debt ratio of firms....
Persistent link: https://www.econbiz.de/10009580147
Tax competition for the mobile factor capital has led to a trend in many countries to levy lower taxes on interest income, often introducing differential taxation between interest and business income. In this study, we analyze the effect of such differential taxation on the debt ratio of firms....
Persistent link: https://www.econbiz.de/10009510579
Tax competition for the mobile factor capital has led to a trend in many countries to levy lower taxes on interest income, often introducing differential taxation between interest and business income. In this study, we analyze the effect of such differential taxation on the debt ratio of firms....
Persistent link: https://www.econbiz.de/10013109989
Persistent link: https://www.econbiz.de/10012099015
The paper examines the effect of dividend taxation on employment and productivity. I exploit a dividend tax cut of 10 … information on employees and their wages, I find that, consistent with theory, cash-constrained firms increase productivity by 3 …% and wages by 2% relative to unconstrained firms whose investment decisions are unaffected by dividend taxes. My findings …
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panel dataset of multinational firms based in the UK and USA over the period 2011-2019. We show a positive and significant …
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