A note on the taxation of capital and economic rents.
This paper contrasts Samuelson's (1964) definition of "true economic depreciation" with the use of this term that has become standard in the more recent literature on neutral business taxes. Samuelson defined "economic depreciation" to be the change in the economic value of...
| Main Authors: | , |
|---|---|
| Format: | Working paper |
| Language: | English |
| Published: |
IFS
1995
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