Which of the followings are not true with reference to distortions of corporation tax?
A. Encourage short-lived verses long-lived capitals goods.
B. Encourage investment in assets that can be collaterized compared with those that can not.
C. ncourage investment in Industries having lower debt equity ratios.
D. May give rise to leasing and tax-induced mergers.
Choose the correct answer from the options given below:
1
A only
2
A and C only
3
A, C and D only
4
B and D only