Corporate taxation in Italy: an analysis of the 1998 reform

Bordignon, Massimo ; Giannini, Silvia ; Panteghini, Paolo (1998) Corporate taxation in Italy: an analysis of the 1998 reform. Bologna: Dipartimento di Scienze economiche DSE, p. 32. DOI 10.6092/unibo/amsacta/5582. In: Quaderni - Working Paper DSE (328). ISSN 2282-6483.
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Abstract

The increasing political concern for fiscal competition across European countries has induced Italy to implement a wide-ranging reform of capital income and business taxation. We describe the reform, discuss its links with other relevant international experiences and reform proposals, and assess its chances of reaching its declared targets. Our results suggest that the reform has been successful in closing the gap between the tax treatment of different assets and different sources of finance. Its effect on the overall cost of capital, and therefore on the demand for capital, and therefore on the demand for capital, is more uncertain however, and largely depends on the financial choices available to companies.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Bordignon, MassimoUniversità Cattolica di Milano
Giannini, SilviaUniversità di Bologna0000-0001-6800-2019
Panteghini, PaoloUniversità di Brescia
Keywords
Cost of Capital, Dual Income System, Uniform Reporting
Subjects
ISSN
2282-6483
DOI
Deposit date
09 Jun 2017 07:18
Last modified
09 Jun 2017 07:18
URI

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