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dc.date.accessioned2013-03-12T09:53:20Z
dc.date.available2013-03-12T09:53:20Z
dc.date.issued2001en_US
dc.date.submitted2002-10-01en_US
dc.identifier.urihttp://hdl.handle.net/10852/17326
dc.description.abstractFrom a CAPM-type model the cost of equity is derived for a …rm operating under various foreign tax systems. The …rm’s shares are traded in a market which is una¤ected by these systems. The cost of capital depends on the foreign tax system, even for fully equity …nanced projects. This is neglected in much of the literature. For a corporate income tax the main factor which reduces the cost of equity is the depreciation deductions. Compared with a neutral cash ‡ow tax, this reduces the cost of equity because it acts as a loan from the …rm to the government.nor
dc.language.isoengen_US
dc.publisherUniversitetet i Oslo, Økonomisk institutt
dc.relation.ispartofMemorandum fra Økonomisk institutt, Universitetet i Oslo http://urn.nb.no/URN:NBN:no-7118en_US
dc.relation.urihttp://urn.nb.no/URN:NBN:no-7118
dc.subjectskattepolitikkinternasjonalekonsernerCostofequityen_US
dc.subjecttaxationen_US
dc.subjectweightedaveragecostofcapitalen_US
dc.subjectuncertaintyen_US
dc.titleTaxation, uncertainty, and the cost of equity for a multinational firmen_US
dc.typeWorking paperen_US
dc.date.updated2012-09-14en_US
dc.creator.authorLund, Dideriken_US
dc.subject.nsiVDP::210en_US
dc.identifier.urnURN:NBN:no-3117en_US
dc.type.documentArbeidsnotaten_US
dc.identifier.duo4862en_US
dc.identifier.bibsys021678936en_US
dc.identifier.fulltextFulltext https://www.duo.uio.no/bitstream/handle/10852/17326/1/4862.pdf


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