Capital Decay and Tax Distortions: How to Abandon Exponential Decay and Benefit from It
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More about this item
Keywords
Capital taxation; Taxable income; Tax-neutrality; Tax distortion; Survival func- tion; Capital service price; Non-exponential decay; Depreciation; Indexation;All these keywords.
JEL classification:
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
- H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
- H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ACC-2010-02-13 (Accounting and Auditing)
- NEP-PUB-2010-02-13 (Public Finance)
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