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The international agreement on a corporate minimum tax is a milestone in global corporate tax arrangements. The minimum tax disturbs the equivalence between otherwise equivalent forms of efficient economic rent taxation: cash-flow tax and allowance for corporate equity. The marginal effective...
Persistent link: https://www.econbiz.de/10014551068
We examine how a firms' investment behavior affects the investment of a neighboring firm. Economic theory yields … similar investment behavior within an area using OLS analysis. Exploiting time-variation in the rise of U.S. states' corporate … increases in local firms' investment reduces the investment of a local peer firm. This effect is more pronounced if local …
Persistent link: https://www.econbiz.de/10011891910
-term measures to stimulate investment. This paper tabulates the types of accelerated depreciation allowances in South Africa and … composition of tax depreciation and tax investment allowances for 2014-17. An estimate is offered of the cost to the treasury of …
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We contribute to the empirical literature on the relationship between corporate taxes and investment. We exploit the … capital spending of Belgian corporations, we focus on the indirect effect of taxes on investment via their impact on free cash …-flow. We use the systematic variation of the cash-flow sensitivity of investment between small and medium versus large firms to …
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