Published on 01 Jan 01
by "AUSTRALIAN TAX FORUM" JOURNAL ARTICLE
This article discusses that under a classical tax system, income tax encourages firms to employ debt in their capital structures due to interest expenditure being tax deductible.
Grant works for the Department of Accountancy at the City University of Hong Kong.
- Current at
01 October 2009
Roman works for the School of Accounting at the University of Technology Sydney.
Current at 1 October 2009