Curbing Corporate Debt Bias /
Tax provisions favoring corporate debt over equity finance ('debt bias') are widely recognized as a risk to financial stability. This paper explores whether and how thin-capitalization rules, which restrict interest deductibility beyond a certain amount, affect corporate debt ratios and mi...
Main Author: | |
---|---|
Other Authors: | |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2017.
|
Series: | IMF Working Papers; Working Paper ;
No. 2017/022 |
Online Access: | Full text available on IMF |