文章基本信息

标题：Corporate Deductibility Provisions and Financial Constraints of Innovative Entrepreneurs
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作者：Wolfgang Eggert ; Sebastian Heitzmann
期刊名称：Theoretical Economics Letters
印刷版ISSN：2162-2078
电子版ISSN：2162-2086
出版年度：2017
卷号：07
期号：06
页码：1602-1606
DOI：10.4236/tel.2017.76108
语种：English
出版社：Scientific Research Publishing
摘要：Corporate income tax systems around the world typically favor debt over equity in the tax base definition. The resulting distortions on financing and investment decisions of corporations are well documented in the existing literature. In this paper, we focus on the ACE proposal by the Mirrlees Review [1] . It is shown that an ACE, which mitigates the unequal treatment of returns to owned and borrowed capital, fosters innovation by financing startups.
关键词：Allowance for Corporate Equity;Corporate Income Tax Systems;Entrepre-neurship;Finance;Public Policy