Converting Corporations to Partnerships through Leverage: Theoretical and Practical Impediments
收藏NBER1989-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3092
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资源简介：
We explore the degree to which debt financing can reduce the corporate-level tax on income in the U.S.. Although we show that debt is capable of shielding the competitive rate of return on projects from the corporate-level tax, debt financing cannot shield the positive net present value portion of
提供机构：
美国国家经济研究局
创建时间：
1989-09-01
