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Thin Capitalization Rules and Multinational Firm Capital Structure

Author/Editor: Jennifer Blouin, Harry Huizinga, Luc Laeven, Gaetan Nicodeme.

Release Date:January, 2014

This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital structure of the foreign affiliates of US multinationals. We construct a new more...



Price: $18.00
Capital Structure and International Debt Shifting

Author/Editor: Luc Laeven, Harry Huizinga, Gaetan Nicodeme.

Release Date:February, 2007

This paper presents a model of a multinational firm's optimal debt policy that incorporates international taxation factors. The model yields the prediction that a multinational firm's indebtedness in more...



Price: $18.00