Park, Sangkyun. 1995. "The Relationship Between Government Financial Condition and Expected Tax Rates Reflected in Mtutic- ipal Bonds." Federal Reserve Bank of New York Staff Reports, November.Park, Sangkyun, "The Relationship between Government Financial Condition and Expected Tax Rates Reflected ...
panel data to estimate the effect of expected effective corporate tax rates on the amount of debt issued by firms. The paper directly estimates expected corporate tax rates using rational expectations. The estimated measures of expected effective tax rates of firms are related to a continuous ...
aUsing cross–sectional variation in expected tax rates, however, identifies the effects of taxes only if the underlying reasons why some firms have tax losses or larger depreciation deductions do not themselves affect the firm’s choices for debt vs. 使用在期望的税率上的横截变化,然而, ...
Taxes on Tax-Exempt Bonds Implicit tax rates priced in the cross section of municipal bonds are approximately two to three times as high as statutory income tax rates, with implicit... A Ang,V Bhansali,Y Xing - 《Journal of Finance》 被引量: 157发表: 2010年 Expected Future Tax Policy an...
aThe income tax payable represents the amounts expected to be paid to the taxation authority, using the tax rates(and tax laws) that have been enacted or substantively enacted by the balance sheet date. 所得税付得起代表期望的数额被支付对征税当局,使用立法了或实质地立法了不迟于资产负债表日期...
without having to wait for three years as was previously required, the notice said. Yangzhou's decision marks the first city to launch support for its housing market after the first adjustment to the loan prime rates in 10 months, and it was Yangzhou’s third housing policy easing this year...
without having to wait for three years as was previously required, the notice said. Yangzhou's decision marks the first city to launch support for its housing market after the first adjustment to the loan prime rates in 10 months, and it was Yangzhou’s third housing policy easing this year...
VCI, German’s largest trade group for the chemicals sector, projects more closures in the domestic industry in future, as average operating rates remain at lossmaking levels. ”On average, capacity utilisation of production plants was only 75%. In four consecuti...
aDeferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset realized. Deferred tax is charged or credited to the profit or loss, except when it relates to items charged or credited directly to equity, in which case the...
These have a profound effect on expected returns across various asset classes. When rates rise, bonds may become more attractive, potentially lowering expected returns on stocks as investors shift their allocations. Conversely, lower rates can drive investors toward riskier assets in search of higher ...