Schlagwort: Financial Markets
<< zurück zum Schlagwortverzeichnis
Symposium: Letter to the Queen
Letter to the Queen
aus dem Homo Oeconomicus - Volume 27, Number 3 (...)
Tax-Deductible Loan Loss Reserves and International Banking
An Economist's Unbiased Analysis
This paper discusses tax deductibility of loan loss reserves, focussing on costs to the budget, hence taxpayers. Economically, reserves bring book values in line with real, impaired values of claims. (...)