|
EconStor >
Verein für Socialpolitik >
Jahrestagung des Vereins für Socialpolitik 2011 (Frankfurt a. M.): Die Ordnung der Weltwirtschaft - Lektionen aus der Krise >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/48729
|
| | |
| Title: | | Taxation and Incorporation  |
| Authors: | | Keuschnigg, Christian Egger, Peter Winner, Hannes |
| Issue Date: | | 2011 |
| Series/Report no.: | | Beiträge zur Jahrestagung des Vereins für Socialpolitik 2011: Die Ordnung der Weltwirtschaft: Lektionen aus der Krise - Session: Corporate Taxation B5-V2 |
| Abstract: | | This paper provides a theory of incorporation and taxation that emphasizes the role of the corporate legal form in facilitating access to external capital and the potential advantages of limited liability. Incorporation relaxes financing constraints and makes corporations larger than comparable non-corporate firms. For the same reason, a tax on corporations imposes a smaller first order welfare loss than a tax on non-corporate firms. We study the consequences of tax reform and compare the role of taxation with other institutional reforms. |
| Subjects: | | Incorporation corporate tax external capital limited liability |
| JEL: | | H25 G38 K34 |
| Document Type: | | Conference Paper |
| Appears in Collections: | | Jahrestagung des Vereins für Socialpolitik 2011 (Frankfurt a. M.): Die Ordnung der Weltwirtschaft - Lektionen aus der Krise
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/48729
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|