Martini, Jan Thomas; Niemann, Rainer; Simons, Dirk - Universität <Bielefeld> / Lehrstuhl für Controlling … - 2007
x may be affected by taxation.
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differing tax rates, the optimal production quantity is affected by the transfer … taxation of total profit does not depend on quantity x
but total profit does. Observe that this result is conditional on given ….
JEL Code: H25, G21, M41.
Keywords: capital budgeting, formula apportionment, international taxation, investment …