Borsa Italiana uses cookies to improve its website. The cookies for analytical purposes have already been set. For more details and how to manage cookies, please see our privacy and cookies policy.

 
Italiano

BItNotes n°10


BItNotes n°10
 
"Taxation and development of equity market for mid small companies"
L.Gandullia - February 2004

Abstract

The paper highlights the impact of taxation on the development of the equity market for mid small enterprises and the role of possible tax incentives in favour of the demand for equity. Addressing this issue the literature and international experiences often refer to the private equity sector; however, in the paper some important experiences (for instance, the UK) are reported, where the tax incentive schemes, even if designed in favour of the demand for private equity, are applied also to equity issued by companies, quoted on specific markets for risk capital. After having discussed possible relations between taxes and development of the equity market, the paper focuses on the role of tax incentives targeted to the demand for equity, showing possible schemes, effects and models used in the international experience. The paper ends with some remarks concerning the potential use of similar tax incentives in Italy.

        Click here to download the paper:  PDF (855kb) (available only in Italian)

For further information please send an e-mail to:
luca.gandullia@unige.it

Last update:  December 23 2005 - 10:18
Contacts
If you have a question regarding Statistics that is not covered in the FAQs above, please email us

FAQs
  • How frequently are the statistics files updated?
  • Where can I find the number of companies listed?
  • Do you publish data on PE Ratios?

View all




The Exchange accepts no responsability for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds.