Most countries of the world have developed a wide array of government assistance programs for companies. However, it is only recently that researchers have started to evaluate the benefits of these programs empirically. This paper contributes to this emerging area of research by examining...

In 2005 the Belgian government introduced a radically new measure into the corporate tax system: the notional interest deduction. This feature allows Belgian companies to deduct a fictitious interest cost on equity from their tax base and tackles the classical tax discrimination between debt and...

This study presents survey evidence on the magnitude and determinants of tax compliance costs in Flemish small and medium-sized enterprises (SMEs). Data were obtained from an Internet questionnaire among members of a professional network of Flemish entrepreneurs, called VOKA. Analyzing a sample...