Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/94933
Authors: 
Jakobsson, Ulf
Year of Publication: 
1976
Series/Report no.: 
IUI Working Paper 1
Abstract: 
The elements of corporate and personal taxation are integrated into a corporate growth model describing a value maximizing firm. The choice parameters of the firm are (1) the growth rate, (2) the debt ratio. (3) the capital-labour ratio. Dividends are determined residually. The corporate tax considered is a flat-rate tax on profits as defined by the tax laws. The personal tax is a linear tax/schedule.
Subjects: 
Taxation
Corporate growth model
JEL: 
H21
Document Type: 
Working Paper

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