Blouin, Jennifer; Huizinga, Harry; Laeven, Luc; … - International Monetary Fund (IMF) - 2014
multinationals, we find that thin capitalization rules significantly affect multinational firm capital structure. Specifically … rules, which thus far have been understudied, have a substantial effect on the capital structure within multinational firms …This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital …