IDEAS home Printed from https://ideas.repec.org/a/pal/imfstp/v38y1991i2p327-355.html
   My bibliography  Save this article

Taxation and the Cost of Capital in Hungary and Poland: A Comparison with Selected European Countries

Author

Listed:
  • Krister Andersson

    (International Monetary Fund)

Abstract

The effective rates of taxation faced by a representative investor located in a major capital exporting country for investments in machinery and buildings in nine capital importing European countries are compared. Poland and Hungary are found to have relatively high effective tax rates on equity-financed investment. The analysis suggests that both countries would benefit from streamlining allowances for capital cost recovery and possibly lowering statutory corporate tax rates--as permitted by the revenue constraint--rather than providing tax preferences for foreign investors.

Suggested Citation

  • Krister Andersson, 1991. "Taxation and the Cost of Capital in Hungary and Poland: A Comparison with Selected European Countries," IMF Staff Papers, Palgrave Macmillan, vol. 38(2), pages 327-355, June.
    • Handle: RePEc:pal:imfstp:v:38:y:1991:i:2:p:327-355
    as

    Download full text from publisher

    File URL: http://www.jstor.org/stable/3867102?origin=pubexport
    File Function: main text
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:imfstp:v:38:y:1991:i:2:p:327-355. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.