Bernasconi, Michele; Marenzi, Anna; Pagani, Laura - In: International Tax and Public Finance 12 (2005) 6, pp. 741-773
Between 1995 and 1999, Italy experienced three episodes of fiscal reform during which different categories of non-debt tax shields were introduced, including a classical investment tax credit, a system of dual income taxation, and an investment tax credit restricted to equity financed...