2012
DOI: 10.2139/ssrn.2101063
|View full text |Cite
|
Sign up to set email alerts
|

Italy's ACE Tax and Its Effect on a Firm's Leverage

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1

Citation Types

0
1
0

Year Published

2015
2015
2023
2023

Publication Types

Select...
6

Relationship

0
6

Authors

Journals

citations
Cited by 8 publications
(1 citation statement)
references
References 6 publications
0
1
0
Order By: Relevance
“…Therefore, the underlying mechanism of the Brazilian ACE system is flawed and it needs to be redesigned to fulfill its role. In this reformulation Brazil can follow the current ACE systems of Belgium and Italy that have shown positive results in the treatment of debt tax bias (Panier et al, 2013;Panteghini, Parisi, & Pighetti, 2012) and do not require the distribution of funds as a criterion for obtaining tax deductibility of equity.…”
Section: Discussionmentioning
confidence: 99%
“…Therefore, the underlying mechanism of the Brazilian ACE system is flawed and it needs to be redesigned to fulfill its role. In this reformulation Brazil can follow the current ACE systems of Belgium and Italy that have shown positive results in the treatment of debt tax bias (Panier et al, 2013;Panteghini, Parisi, & Pighetti, 2012) and do not require the distribution of funds as a criterion for obtaining tax deductibility of equity.…”
Section: Discussionmentioning
confidence: 99%