Series: IMF Working Papers
Author(s): Alexander Klemm
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2008
Keywords: effective tax rates, discrete investment, tax holidays, tax rates, taxation, personal taxes, capital stock,
This paper extends the effective average tax rate (EATR) developed in Devereux and Griffith (2003) by relaxing the assumption of a one-period perturbation in the capital stock. Instead it allows a permanent investm...