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Over many years, the states of Hamburg, Hesse and North Rhine- Westphalia had to pay into the horizontal system of …
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Persistent link: https://www.econbiz.de/10000516455
Over many years, the states of Hamburg, Hesse and North Rhine- Westphalia had to pay into the horizontal system of …
Persistent link: https://www.econbiz.de/10011293528
This paper analyzes the effectiveness of thin-capitalization rules in preventing debt finance by intercompany loans and explores their consequences for corporate decisions. A theoretical discussion emphasizes that limitations of the deduction of interest owed to foreign affiliates would not only...
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