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.
Working Paper No. 1
Corporate and Personal Taxation and the Growing Firm
Working Paper
Referens
Jakobsson, Ulf (1976). ”Corporate and Personal Taxation and the Growing Firm”. IFN Working Paper nr 1. Stockholm: Institutet för Näringslivsforskning.
Jakobsson, Ulf (1976). ”Corporate and Personal Taxation and the Growing Firm”. IFN Working Paper nr 1. Stockholm: Institutet för Näringslivsforskning.
Författare
Ulf Jakobsson
