Matches in SemOpenAlex for { <https://semopenalex.org/work/W1487177764> ?p ?o ?g. }
Showing items 1 to 71 of
71
with 100 items per page.
- W1487177764 abstract "This paper reviews different schools of thought on the question of if and how personal taxes should be incorporated into the valuation of companies or projects. The paper shows under which conditions the risk-neutral valuation approach yields the same result as the Tax-CAPM. Special cases are analyzed that imply irrelevance of personal taxes. In addition, empirical questions are addressed, such as how to determine the expected market rate of return after personal taxes. For this purpose current market prices are used in combination with cash-flow forecasts of financial analysts. Finally, a view is presented on the precision required to estimate the personal tax rate. If both the investment opportunity and its alternative are similarly tax affected, then relative values should not change too much as a function of the tax rate. However, common sensitivity analyses indicate the opposite." @default.
- W1487177764 created "2016-06-24" @default.
- W1487177764 creator A5061183962 @default.
- W1487177764 date "2004-06-07" @default.
- W1487177764 modified "2023-09-24" @default.
- W1487177764 title "Valuation With or Without Personal Income Taxes" @default.
- W1487177764 cites W1488963463 @default.
- W1487177764 cites W3991018 @default.
- W1487177764 hasPublicationYear "2004" @default.
- W1487177764 type Work @default.
- W1487177764 sameAs 1487177764 @default.
- W1487177764 citedByCount "0" @default.
- W1487177764 crossrefType "posted-content" @default.
- W1487177764 hasAuthorship W1487177764A5061183962 @default.
- W1487177764 hasConcept C100001284 @default.
- W1487177764 hasConcept C10138342 @default.
- W1487177764 hasConcept C106159729 @default.
- W1487177764 hasConcept C139719470 @default.
- W1487177764 hasConcept C162118730 @default.
- W1487177764 hasConcept C162324750 @default.
- W1487177764 hasConcept C163428354 @default.
- W1487177764 hasConcept C167116941 @default.
- W1487177764 hasConcept C172008318 @default.
- W1487177764 hasConcept C175444787 @default.
- W1487177764 hasConcept C186027771 @default.
- W1487177764 hasConcept C2778566306 @default.
- W1487177764 hasConcept C551662922 @default.
- W1487177764 hasConcept C556758197 @default.
- W1487177764 hasConcept C74939039 @default.
- W1487177764 hasConceptScore W1487177764C100001284 @default.
- W1487177764 hasConceptScore W1487177764C10138342 @default.
- W1487177764 hasConceptScore W1487177764C106159729 @default.
- W1487177764 hasConceptScore W1487177764C139719470 @default.
- W1487177764 hasConceptScore W1487177764C162118730 @default.
- W1487177764 hasConceptScore W1487177764C162324750 @default.
- W1487177764 hasConceptScore W1487177764C163428354 @default.
- W1487177764 hasConceptScore W1487177764C167116941 @default.
- W1487177764 hasConceptScore W1487177764C172008318 @default.
- W1487177764 hasConceptScore W1487177764C175444787 @default.
- W1487177764 hasConceptScore W1487177764C186027771 @default.
- W1487177764 hasConceptScore W1487177764C2778566306 @default.
- W1487177764 hasConceptScore W1487177764C551662922 @default.
- W1487177764 hasConceptScore W1487177764C556758197 @default.
- W1487177764 hasConceptScore W1487177764C74939039 @default.
- W1487177764 hasLocation W14871777641 @default.
- W1487177764 hasOpenAccess W1487177764 @default.
- W1487177764 hasPrimaryLocation W14871777641 @default.
- W1487177764 hasRelatedWork W1603609128 @default.
- W1487177764 hasRelatedWork W2020751754 @default.
- W1487177764 hasRelatedWork W2043168632 @default.
- W1487177764 hasRelatedWork W2086572515 @default.
- W1487177764 hasRelatedWork W2111422844 @default.
- W1487177764 hasRelatedWork W2120068974 @default.
- W1487177764 hasRelatedWork W2161744924 @default.
- W1487177764 hasRelatedWork W2176742687 @default.
- W1487177764 hasRelatedWork W2502788010 @default.
- W1487177764 hasRelatedWork W2922516022 @default.
- W1487177764 hasRelatedWork W3122519428 @default.
- W1487177764 hasRelatedWork W3122560563 @default.
- W1487177764 hasRelatedWork W3123371416 @default.
- W1487177764 hasRelatedWork W3123384630 @default.
- W1487177764 hasRelatedWork W3123696562 @default.
- W1487177764 hasRelatedWork W3124048263 @default.
- W1487177764 hasRelatedWork W3124387311 @default.
- W1487177764 hasRelatedWork W3125177716 @default.
- W1487177764 hasRelatedWork W3154748771 @default.
- W1487177764 hasRelatedWork W3123675209 @default.
- W1487177764 isParatext "false" @default.
- W1487177764 isRetracted "false" @default.
- W1487177764 magId "1487177764" @default.
- W1487177764 workType "article" @default.