Skip to content
RDP 9011: Inflation and Corporate Taxation in Australia
Equation (18)
p=(i-π)(
1
−
t
m
1
−
t
c
)[
(
i
−
π
)
(
1
−
t
C
)
+
π
(
i
−
π
)
(
1
−
t
m
)
+
π
]
≡
p
*
*
for
debt
and/or
new equity
finance
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiCaiaab2 dacaqGOaGaaeyAaiaab2cacaqGapGaaeykaiaabIcadaWcaaqaaiaa igdacqGHsislcaqG0bWaaWbaaSqabeaacaqGTbaaaaGcbaGaaGymai abgkHiTiaabshadaahaaWcbeqaaiaabogaaaaaaOGaaeykaiaabUfa daWcaaqaaiaacIcacaqGPbGaeyOeI0IaaeiWdiaacMcacaGGOaGaaG ymaiabgkHiTiaabshadaahaaWcbeqaaiaaboeaaaGccaGGPaGaey4k aSIaaeiWdaqaaiaacIcacaqGPbGaeyOeI0IaaeiWdiaacMcacaGGOa GaaGymaiabgkHiTiaabshadaahaaWcbeqaaiaab2gaaaGccaGGPaGa ey4kaSIaaeiWdaaacaqGDbGaeyyyIORaaeiCamaaCaaaleqabaGaai OkaiaacQcaaaGccaaMc8UaaeOzaiaab+gacaqGYbGaaGPaVlaabsga caqGLbGaaeOyaiaabshacaaMc8Uaaeyyaiaab6gacaqGKbGaae4lai aab+gacaqGYbGaaGPaVlaab6gacaqGLbGaae4DaiaabccacaqGLbGa aeyCaiaabwhacaqGPbGaaeiDaiaabMhacaaMc8UaaeOzaiaabMgaca qGUbGaaeyyaiaab6gacaqGJbGaaeyzaaaa@8555@