1. DSpace at MEDIU
  2. Harvested articles مقالات مستوردة من مؤسسات وجامعات عالمية
  3. EconStor
Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/18885
Full metadata record
DC FieldValueLanguage
dc.creatorPanteghini, Paolo M.-
dc.date2004-
dc.date.accessioned2013-10-16T07:01:49Z-
dc.date.available2013-10-16T07:01:49Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/18885-
dc.identifierppn:393237257-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/18885-
dc.descriptionThis article compares an ACE system with a CBIT system in an open economy. Using a realoption approach we show that, if a firm can decide when to invest, a tradeoff is found. According to traditional wisdom, a high-income firm investing in an ACE system faces a heavier tax burden at each instant. On the other hand, it finds it optimal to invest earlier, thereby enjoying a longer stream of income. If, given the same tax burden, the latter effect is great enough, the firm will prefer the ACE system. In this article we also run a simulation which shows that preference for an ACE system is a realistic result.-
dc.languageeng-
dc.publisher-
dc.relationCESifo working papers 1246-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectH32-
dc.subjectH25-
dc.subjectddc:330-
dc.subjectcorporate taxation-
dc.subjectopen economy-
dc.subjecttiming and real options-
dc.subjectKörperschaftsteuer-
dc.subjectUnternehmensbesteuerung-
dc.subjectSteuerbemessung-
dc.subjectSteuerliches Anrechnungsverfahren-
dc.subjectInvestition-
dc.subjectRealoption-
dc.subjectBetriebliche Terminplanung-
dc.subjectTheorie-
dc.titleWide vs. narrow tax bases under optimal investment timing-
dc.typedoc-type:workingPaper-
Appears in Collections:EconStor

Files in This Item:
There are no files associated with this item.
Show simple item record


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.