Valuing the Government's Tax Claim on Risky Corporate Assets
收藏NBER1985-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1553
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资源简介：
This paper explores the effects of tax asymmetries on the value of risky capital investments made by corporations.The government's claim on the firm is shown to be equivalent to a portfolio of options on the firm's revenues. The tax law's provisions for carrying tax losses forward and backward are
提供机构：
美国国家经济研究局
创建时间：
1985-02-01
