Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/205653 
Erscheinungsjahr: 
2013
Schriftenreihe/Nr.: 
New Zealand Treasury Working Paper No. 13/29
Verlag: 
New Zealand Government, The Treasury, Wellington
Zusammenfassung: 
Effective marginal tax rates (EMTRs) can be very different from the statutory rate and vary across firms, reflecting such factors as the extent and nature of taxable deductions (losses, depreciation), asset and ownership structures, and debt/equity financing. We estimate firm-specific EMTRs and related user cost of capital (UCC) measures allowing for shareholder-level taxation using data for 1999/2000-2010/11 from the Longitudinal Business Database. Examining distributions of various UCC measures we find substantial firm-level heterogeneity, systematic changes as a result of tax reforms between 2004 and 2012, and systematic differences between foreign-owned and domestically-owned firms. Choices among alternative UCC measures make a difference to interpretations.
Schlagwörter: 
User cost of capital
tax reform
EMTR
New Zealand
JEL: 
D22
G30
H25
ISBN: 
978-0-478-40390-9
Creative-Commons-Lizenz: 
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Dokumentart: 
Working Paper

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