rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Corporate Taxation in a Dynamic World
  name:
    name part: Panteghini, Paolo M.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: gw
    date issued: 2007
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XII, 232 p. 6 illus. online resource.
  abstract: This book analyzes the economic principles of modern corporate taxation. With respect to the existing products it represents a novelty in at least two respects. First of all, it analyzes not only the effects of taxation on firms' marginal choices, but also focuses on the impact of taxation on discrete choices, such as plant location, R&D investment, and new marketing programs. The second novelty is represented by the application of option pricing techniques to corporate taxation. To give an idea of the importance of options it is sufficient to say that managers are aware that new business programs are an opportunity and not an obligation. This means that they behave as if they owned option-rights. Due to the partial irreversibility of their choices, they know that the exercise of such options reduces their business flexibility.
  table of contents: Basic issues -- The real option approach -- The entrepreneurial decision -- The choice of the organizational form -- The tax treatment of debt financing -- Foreign Direct Investment and tax avoidance -- Policy issues -- Corporate tax base options -- Broad or narrow tax bases? -- Risk-adjusted or risk-free imputation rate? -- Full loss offset or no-loss offset? -- R-based or S-based taxation? -- Conclusions and topics for future research.
  note: by Paolo M. Panteghini.
  subject:
    topic: Tax accounting
  subject:
    topic: Tax laws
  subject:
    topic: Public finance
  subject:
    topic: Economics
  subject:
    topic: Public Economics
  subject:
    topic: Business Taxation/Tax Law
  classification: HJ9-9940
  classification: 336
  related item:
    title info:
      title: Springer eBooks
  identifier: 9783540714064
  identifier: http://dx.doi.org/10.1007/978-3-540-71406-4
  record info:
    record creation date: 100301
    record change date: 20151204154947.0
    record identifier: 978-3-540-71406-4