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Within our model framework, the following propositions hold: In a tax system with symmetric treatment of interest payments and default gains and without shareholder level taxation, investors are indifferent between a partnership and a corporation.
Within our model framework, the following proposition holds: In a tax system with symmetric treatment of interest and default gains and with shareholder level taxation, there exist specific (alpha _{p}'ne alpha _{c}') for partnerships and corporations such that investors are indifferent between a partnership and a corporation.
Similar(58)
FlowSongs is essentially a partnership between Pure, Shazam and 7digital.
Education is a partnership between schools, parents and the child.
A partnership between the two men might seem unlikely.
It is a partnership between Douglas Rodriguez, an owner of Chicama, and Roberto Ruggeri of the Bice Group.
"It is quite clear that a partnership between a husband and wife is a partnership of equals," he said.
The triage car is a partnership between Leicestershire police, Leicestershire Partnership NHS trust and Leicester probation service.
A third attack targeted a partnership between the Georgian military and a US defense contractor.
"I see a great future of prosperity, a partnership between India and Australia and a shared commitment".
The ventures will include a partnership between JWT, part of WPP, and Ravi, a Video International agency.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com