If the corporate income tax is converted to a subtraction VAT: a. What can the firm subtract

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If the corporate income tax is converted to a subtraction VAT:

a. What can the firm subtract that it couldn’t before?

b. This change would encourage the firm to increase its ___________________.

c. List three things the firm can no longer subtract that it could before.

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Public Finance

ISBN: 9780073375748

1st Edition

Authors: Laurence S. Seidman

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