43 Pages Posted: 8 Jun 2007
The thesis of this article is grounded on the premise that, as a matter of good tax policy and in absence of considerations of administrative burdens and politics, corporate and personal income taxes should be integrated so that the income of a corporation would be subjected to a single tax rate structure.
This article does not seek to add any new thoughts to the debate over integration, but rather, accepts the integrationist's view and focuses on whether that view leads to the conclusion that General Utilities should be reinstated.
Keywords: Corporate Tax, General Utilities, Integration
JEL Classification: H20
Suggested Citation: Suggested Citation
Kahn, Douglas A., Should General Utilities Be Reinstated to Provide Partial Integration of Corporate and Personal Income - Is Half a Loaf Better than None?. Journal of Corporation Law, Vol. 13, p. 953, 1988. Available at SSRN: https://ssrn.com/abstract=991692