LOSS CARRYBACK AND CARRYOVER PROVISION: EFFECTIVENESS AND ECONOMIC IMPLICATIONS

Benzion Barlev · Haim Kedar‐Levy

17 citations0/0 files storedNational Tax Journal

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Corporate Taxation and Avoidance Economic and Fiscal Studies Taxation and Legal Issues

Abstract

The economic value inherent in the loss carryback and carryover provision varies from country to country in accordance with their offsetting rules. It is demonstrated that the probability that a U.S. corporation will recover an accidental loss is very high and that the expected present value of the tax saving is also high even for risky corporations. It is also shown that the provision discriminates against new firms, and that it affects their decision to undertake risky projects. Possible effects on the firm's financing policy are discussed, and the paper concludes with an international comparison of the effectiveness of the provision in various countries.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 17 citations exist upstream.

References

1958Liquidity Preference as Behavior Towards Risk 1944Proportional Income Taxation and Risk-Taking 1969The Effects of Taxation on Risk Taking 1972Investment and Portfolio Analysis.1960Cardinal Utility, Portfolio Selection and Taxation

Cited by

2011Asymmetric Taxation and Performance-Based Incentive Contracts

Imported from OpenAlex (CC0) — nothing here is generated.