Tax Incentivisation of Debt Financing vs. Equity Financing: Present Status and Approaches to Solve the Tax Asymmetry
Historically, the cost of financing business through debt has reduced income tax paid.Financing via new equity has not.This asymmetry has not been without consequences.The high indebtedness and relative undercapitalisation of corporates creates a risk iphone 13 price ohio of reduced resilience to economic shocks.Some countries have introduced tax i