search query: @indexterm INVESTMENT GRANTS / total: 26
reference: 3 / 26
| Author: | Hundsdoerfer, J. |
| Title: | Instrumente der Standortförderung im Vergleich : Ein Plädoyer für (steuerpflichtige) Investitionszuschüsse |
| Journal: | Schmalenbachs Zeitschrift für Betriebswirtschaftliche Forschung
1999 : VOL. 51:4, p. 379-404 |
| Index terms: | DEPRECIATION REGIONAL DEVELOPMENT INVESTMENT GRANTS |
| Language: | ger |
| Abstract: | For purposes of regional location supporting, special depreciation allowances, (tax-free) investment premiums, and (taxable) investment grants are used. Contrary to the common view, the investment grants is shown to be preferable: It is the only instrument where the effectiveness of supporting does not depend on the tax rate of the investor. The value of supporting (measured by disadvantage before tax) increases with the tax rate for investment premiums. For special depreciation allowances, supporting can even increase after tax with the tax rate. Both instruments can lead to inefficiency, and both instruments favor investors with high tax rates, contrary to the criterion of distributional justice. |
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