Browse

The corporate M&A activity is affected by many factors where - based on the prior research - capital gains tax is one of them. The aim of this paper is to examine an existence of a negative relationship between corporate M&As and the lock-in effect in EU-countries. Our assumption will be verified by using a panel regression analysis with the number of M&As as a dependent variable and the capital gains taxes and other selected determinants as independent variables. Our research result could confirm that the negativ...

The latest financial and economic crisis has influenced financing decisions in business entities. The growing trend of thin capitalization rules implementation can be observed in many countries, to restrict abuse of loans and interest tax shield as a tax planning technique. The paper investigates main changes in companies' capital structure influenced by potential imposition of thin capitalization rules in the Slovak Republic. The subject of investigation is also an appraisal of tax impacts on companies' decision ...