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Taxation and leverage in international banking /

This paper explores how corporate taxes affect the financial structure of multinational banks. Guided by a simple theory of optimal capital structure it tests (i) whether corporate taxes induce subsidiary banks to raise their debt-asset ratio in light of the traditional debt bias; and (ii) whether i...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Gu, Grace (Autor), Mooij, Ruud A. de (Autor), Poghosyan, Tigran (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2012.
Colección:IMF working paper ; WP/12/281.
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Acceso en línea:Texto completo
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