A note on corporate taxation, limited liability, and asymmetric information
(2007)
Journal Article
Miglo, A. (2007). A note on corporate taxation, limited liability, and asymmetric information. Journal of Economics, 92(1), 11-19. https://doi.org/10.1007/s00712-007-0281-3
Becker and Fuest (this issue, p. 1–10) provides a new explanation for the link between limited liability and corporate taxation. The authors argue that a corporate tax on all entrepreneurs with limited liability is optimal when entrepreneurs can offs... Read More about A note on corporate taxation, limited liability, and asymmetric information.