کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5069827 1373207 2010 8 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Do tax benefits conferred to Sub-S banks affect their deposit or loan rates?
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Do tax benefits conferred to Sub-S banks affect their deposit or loan rates?
چکیده انگلیسی

Positive economics predicts that Sub-S banks, with no taxes paid at the corporate level, will price their products lower than otherwise identical C corporation banks in a competitive environment. Alternatively, if banks price bundle their products, Sub-S tax benefits might have little (no) effect on product rates. The empirical analysis finds that Sub-S deposit (loan) rates are equal to or lower (higher) than similar C corporation bank rates. Thus, there is little evidence of any tax benefits accruing to Sub-S bank customers. In contrast, tax-exempt credit unions do offer higher deposit rates and lower loan rates than C corporation banks.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Finance Research Letters - Volume 7, Issue 4, December 2010, Pages 238-245
نویسندگان
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