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What is Cost of Capital in Regional Policy about?
This document discusses using a theoretical framework to analyze how international tax rules and regional policies impact the cost of capital for multinational companies. The framework models the effective tax rate on capital income and quantifies the distortive effects of tax systems on investment returns. It allows for complicated provisions of tax codes to be modeled rigorously. The author applies this framework to calculate how the cost of capital is affected by changes in regional capital grants and co
- Author
- SpUnky Rohit
- Language
- EN