Depreciation Provisions and Investment Incentives under Full Imputation |
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Authors: | MATT BENGE |
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Institution: | Economics Department (Faculties), Australian National University, ACT 0200 |
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Abstract: | This paper examines how the Australian full imputation and capital gains tax provisions can combine to influence incentives to invest by affecting the cost of capital. Costs of capital for both unincorporated enterprises and widely held, Australian-owned companies are examined under idealized depreciation provisions. The paper also presents numerical estimates of costs of capital under actual Australian depreciation provisions. |
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