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An International Comparative Analysis Of The Taxation Of The Steel Industry

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  • Glenn Jenkins

    (Queen's University, Kingston, On, Canada)

Abstract

The objective of this study is to provide an overview of the present state of the steel industry in a number of countries in the developed world and compare the incentives provided to corporations to undertake investments that are created by the tax systems in these countries. In all, the tax systems in six countries are examined in some detail. They are: Canada, France, Japan, United Kingdom, United States and West Germany. To undertake this evaluation a computerized model was used to integrate the various provisions of the tax system with the particular characteristics of the investments required to expand steelmaking capacity. This model allowed us to evaluate the impact of the various tax provisions on the overall profitability of the project in terms of their impact on the net present value of the project.

Suggested Citation

  • Glenn Jenkins, 1981. "An International Comparative Analysis Of The Taxation Of The Steel Industry," Development Discussion Papers 1981-07, JDI Executive Programs.
    • Handle: RePEc:qed:dpaper:54
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    References listed on IDEAS

    as
    1. Auerbach, Alan J, 1981. "Inflation and the Tax Treatment of Firm Behavior," American Economic Review, American Economic Association, vol. 71(2), pages 419-423, May.
    2. Martin Feldstein & Lawrence Summers, 1983. "Inflation and the Taxation of Capital Income in the Corporate Sector," NBER Chapters, in: Inflation, Tax Rules, and Capital Formation, pages 116-152, National Bureau of Economic Research, Inc.
    3. Glenn Jenkins, 1978. "Inflation And Cost-Benefit Analysis," Development Discussion Papers 1978-08, JDI Executive Programs.
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    JEL classification:

    • H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods

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