WACC and a Generalized Tax Code
Autor: Husmann, Sven and Kruschwitz, Lutz and Löffler, Andreas
Nummer: 243, Oct 2001, pp. 8
Abstract:
We extend the WACC approach to a tax system having a firm income tax and a personal income tax of the investor as well. We use an artificial tax system incorporating most of the G-7 national tax codes as for example the classical or the imputation systems.
On our website (www.wacc.de) WACC formulas according to many of the actual G-7 national tax codes can be found.
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