Corporate Taxation and SMEs: The Italian Experience The Italian Experience
This paper focuses on the tax impediments faced by small and medium-sized enterprises in Italy. The fact that small businesses are characterized by financing constraints and have less access to bank loans is often emphasized as an argument in favour of a special tax treatment for small enterprises....
Main Author: | |
---|---|
Format: | eBook |
Language: | English |
Published: |
Paris
OECD Publishing
2011
|
Series: | OECD Taxation Working Papers
|
Subjects: | |
Online Access: | |
Collection: | OECD Books and Papers - Collection details see MPG.ReNa |
Summary: | This paper focuses on the tax impediments faced by small and medium-sized enterprises in Italy. The fact that small businesses are characterized by financing constraints and have less access to bank loans is often emphasized as an argument in favour of a special tax treatment for small enterprises. On the one hand, however, the evidence that SMEs suffer severe financing constraints is not overwhelming; on the other hand, tax relief for SMEs is not necessarily the best response to financial market imperfections |
---|---|
Physical Description: | 45 p. 21 x 29.7cm |