Abstract
The structure of corporate income taxes may affect the willingness of the firm to maintain an exposed position in various foreign currencies and bear the uncertainty of variations in income from changes in exchange rates. Moreover, the tax structure also affects the techniques used to alter exposure, and the countries in which firms realise their exchange gains and their exchange losses.
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Bibliography
Donald R. Ravenscroft, Taxation and Foreign Spending ( Cambridge, Mass.: Harvard University Law School, 1973 ).
Peggy B. Musgrave, ‘Exchange Rate Aspects in the Taxation of Foreign Income’, National Tax Journal (Dec 1975).
John J. Costello, ‘Tax Consequences of Speculation and Hedging in Foreign Currency Futures’, Tax Lawyer (Winter 1975) .
John J. Costello,‘Tax Impact of Currency Exchange Rate Fluctuations’, Tax Lawyer (Spring 1973 ).
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© 1978 Robert Z. Aliber
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Aliber, R.Z. (1978). Tax Implications of Exchange Losses and Gains. In: Exchange Risk and Corporate International Finance. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-03362-1_10
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DOI: https://doi.org/10.1007/978-1-349-03362-1_10
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-03364-5
Online ISBN: 978-1-349-03362-1
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