Capital Structure and International Debt Shifting /

This paper presents a model of a multinational firm's optimal debt policy that incorporates international taxation factors. The model yields the prediction that a multinational firm's indebtedness in a country depends on a weighted average of national tax rates and differences between nati...

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Detalhes bibliográficos
Autor principal: Laeven, Luc
Outros Autores: Huizinga, Harry, Nicodeme, Gaetan
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2007.
Colecção:IMF Working Papers; Working Paper ; No. 2007/039
Acesso em linha:Full text available on IMF