Capital Structure Neutrality in the Corporate Context

Schlunk, Herwig J.

doi:10.2139/ssrn.232030

Abstract

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Capital Structure Neutrality in the Corporate Context

Herwig J. Schlunk

Vanderbilt University - Law School

2000

Michigan Law Review

Abstract:
Under the two-tier Federal income tax system currently in place, a corporation's capital structure affects the amount of tax it and its interest holders jointly pay. This article endeavors to characterize all possible two-tier (income) tax schemes which do not share this problem, i.e., under which a corporation's capital structure does not affect joint tax collections.

Number of Pages in PDF File: 38

JEL Classification: K34

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Date posted: July 18, 2000

Suggested Citation

Schlunk, Herwig J., Capital Structure Neutrality in the Corporate Context (2000). Michigan Law Review. Available at SSRN: http://ssrn.com/abstract=232030 or http://dx.doi.org/10.2139/ssrn.232030

Contact Information

Herwig Schlunk (Contact Author)

Vanderbilt University - Law School ( email )

131 21st Avenue South
Nashville, TN 37203-1181
United States
615-322-1527 (Phone)
615-322-6631 (Fax)