| Titre | Amortissement fiscal, amortissement économique, taxation des profits | |
|---|---|---|
| Auteur | Didier Maillard | |
 |
Revue | Economie et prévision |
| Numéro | no 90, 1989/4 Patrimoins, dettes, taux d'intérêt | |
| Rubrique / Thématique | Patrimoines, Dettes, Taux d'intérêt |
|
| Page | 57-68 | |
| Résumé anglais |
Tax Depreciation Allowances, Economic Depreciation and Taxation on Profits,
by Didier Maillard.
The article first provides a method to measure the economic effects of various depreciation allowance schemes. Inflation-induced distortions are analyzed, as much as to what extent they are compensated by measures such as shorter life duration for tax purposes, double-declining allowance schemes and deducibility of nominal interest payments. Secondly, the concept of economic depreciation is defined, and economic depreciation patterns are developed on the basis of simple assumptions on the services that investments provide. Then it is shown that tax depreciation allowances, which only in exceptional cases coincide with economic depreciation, play an important role in effective taxation on profits. This role cannot be examined independently of the way in which investments are financed, whether by equity or by debt. Lastly the authors show the ambiguous nature of taxation on profits, which is both a tax on capital returns and a tax on microeconomic profits. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1989_num_90_4_5123 |
