Keuschnigg, Christian; Nielsen, Soren Bo - C.E.P.R. Discussion Papers - 2003
In recent years, venture capital has increasingly become a factor in the financing of new firms. We examine how the … and advise them. We examine how capital gains taxes as well as subsidies to start-up costs of new firms affect venture … capital-backed entrepreneurship. We also argue that dividend and capital gains taxes on mature firms have important …