Should General Utilities Be Reinstated to Provide Partial Integration of Corporate and Personal Income - Is Half a Loaf Better than None?
Douglas A. Kahn
University of Michigan Law School
Journal of Corporation Law, Vol. 13, p. 953, 1988
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.
Number of Pages in PDF File: 43
Keywords: Corporate Tax, General Utilities, Integration
JEL Classification: H20
Date posted: June 8, 2007