Back to matchesWe found a matchYour institution may have access to this item. Find your institution then sign in to continue.TitleThe welfare cost of Arkansas Best: The inefficiency of asymmetric taxation of hedging gains and losses.AuthorsPirrong, CraigAbstractDemonstrates that asymmetric taxation of hedging gains and losses reduces the wealth of claimants of firms subject to the corporate tax. Presentation of a model of the welfare effects of hedge taxation.SubjectsUNITED States; TAXATION of hedging (Finance)PublicationJournal of Futures Markets, 1995, Vol 15, Issue 2, p111ISSN0270-7314Publication typeArticleDOI10.1002/fut.3990150203