THE LOCK-IN EFFECT OF CAPITAL GAINS TAXES: EVIDENCE FROM THE RJR NABISCO LEVERAGED BUYOUT
- 1 June 1995
- journal article
- research article
- Published by University of Chicago Press in National Tax Journal
- Vol. 48 (2) , 245-259
- https://doi.org/10.1086/ntj41789140
Abstract
Inability to observe investors' complete opportunity set has restricted prior analyses of capital gains taxes. This study overcomes these data limitations by examining involuntary capital gain real...Keywords
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