Alternative Systems of Business Tax in Europe: An applied analysis of ACE and CBIT Reforms.
This paper explores the economic implications of an allowance for corporate equity (ACE), a comprehensive business income tax (CBIT) and a combination of the two in the EU. We illustrate the key trade-offs in designing ACE and CBIT in the presence of tax distortions at various decision margins of fi...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
| Published: |
European Commission
2009
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