01272nam2 22002891i 450 VAN004590220221122041555.42220060601d1927 |0itac50 baitaIT|||| |||||ˆ9: ‰Del fallimentocommentodi] Emanuele Cuzzeri ; rivedutoda] Antonio Cicu5. ed. rifattaTorinoUTET19271183 p.26 cm001VAN00450162001 ˆIl ‰codice di commercio commentatoda Prospero Ascoli ... [et al.]coordinato da Leone Bolaffio e Cesare Vivante, [poi] coordinatoda] L. Bolaffio, A. Rocco, C. Vivante210 VeronaTedeschi ; [poi] TorinoUTET215 vol.26 cm.9TorinoVANL000001BolaffioLeoneVANV008054CicuAntonioVANV001377CuzzeriEmanueleVANV036746UTETVANV107949650ITSOL20221125RICABIBLIOTECA DEL DIPARTIMENTO DI GIURISPRUDENZAIT-CE0105VAN00VAN0045902BIBLIOTECA DEL DIPARTIMENTO DI GIURISPRUDENZA00CONS VI.Eb.393 (9) 00FP 29612 appendic20111110 Fondo Raffaele PapaDel fallimento1078893UNISOB04608oam 22011414 450 991097334610332120250426110833.0978661382077897814623508031462350801978145198531314519853129781282392342128239234497814519097221451909721(CKB)3360000000443116(EBL)3014551(SSID)ssj0000940040(PQKBManifestationID)11519258(PQKBTitleCode)TC0000940040(PQKBWorkID)10946631(PQKB)10998188(OCoLC)694141262(MiAaPQ)EBC3014551(IMF)WPIEE2006259(IMF)WPIEA2006259WPIEA2006259(EXLCZ)99336000000044311620020129d2006 uf 0engurcnu||||||||txtccrAllowances for Corporate Equity in Practice /Alexander Klemm1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (35 p.)IMF Working Papers"November 2006."9781451865196 1451865198 Includes bibliographical references.""Contents""; ""I. INTRODUCTION""; ""II. ACE TAX SYSTEMS""; ""III. ACE SYSTEMS IN PRACTICE""; ""IV. PREVIOUS ANALYSES OF ACE TAX SYSTEMS""; ""V. THE BRAZILIAN ACE VARIANT""; ""VI. CONCLUSION""; ""Appendix I. Effective Tax Rates""; ""REFERENCES""This paper provides an overview of full and partial allowance for corporate equity (ACE) tax systems in practice. In the recent past, ACE systems have been used in Austria, Croatia, and Italy. Brazil still applies a variant of such a system and Belgium introduced one this year. This paper summarizes the empirical literature on past ACE systems, and provides a theoretical and empirical assessment of the Brazilian ACE variant. The main finding is that the Brazilian reform introduced an ACE system for a minority of firms only, with the majority instead having a system of dividend deductibility. Despite the reduction in the tax preference for debt finance, capital structures have not changed much, but dividends have increased. Investment appears to have benefited from the reform, although the extent to which this was due to the new structure rather than the tax cut is unclear.IMF Working Papers; Working Paper ;No. 2006/259CorporationsFinanceCorporationsTaxationAllowance for corporate equityimfBusiness Taxes and SubsidiesimfCorporate & business taximfCorporate income taximfCorporate TaxationimfCorporationsimfEffective tax rateimfFinancial InstrumentsimfIncome tax systemsimfIncome taximfInstitutional InvestorsimfInvestment & securitiesimfInvestments: StocksimfNon-bank Financial InstitutionsimfPension FundsimfPublic finance & taxationimfStocksimfTax administration and procedureimfTaxationimfTaxation, Subsidies, and Revenue: GeneralimfBrazilimfCorporationsFinance.CorporationsTaxation.Allowance for corporate equityBusiness Taxes and SubsidiesCorporate & business taxCorporate income taxCorporate TaxationCorporationsEffective tax rateFinancial InstrumentsIncome tax systemsIncome taxInstitutional InvestorsInvestment & securitiesInvestments: StocksNon-bank Financial InstitutionsPension FundsPublic finance & taxationStocksTax administration and procedureTaxationTaxation, Subsidies, and Revenue: GeneralKlemm Alexander1815705DcWaIMFBOOK9910973346103321Allowances for Corporate Equity in Practice4371222UNINA