外文翻译--在通货膨胀下企业税制改革对中小企业投资决策的影响.docVIP

原文： Effects of Corporate Tax Reforms on SMEs’ Investment Decisions under the Particular Consideration of Inflation Corporate tax reforms carried out in EU countries since 1980 entail lower statutory tax rates and reductions in generous tax depreciation provisions. Several countries including the UK have reduced tax rates for small and medium sized enterprises (SMEs). This study compares incentive effects of such reforms on the SMEs’ investment decisions adopting a simple present value model. Ceteris paribus, tax rates and depreciation rules vary in the model simulation, while the application o