The Tax-adjusted Q Model with Intangible Assets : Theory and Evidence from Temporary Investment Tax Incentives »
Series: IMF Working Papers
Author(s): Sophia Chen , and Estelle Dauchy
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 June 2014
Keywords: investment tax incentives, intangible assets, q model of investment, bonus depreciation, taxation, tax returns, Business Taxes and Subsidies,
We propose a tax-adjusted q model with physical and intangible assets and estimate it with a self-collected comprehensive database of intangible assets. The presence of intangibles changes the accounting and econom...