Alworth, Julian; Arachi, Giampaolo; Hamaui, Rony - In: National Tax Journal 56 (2003) 1, pp. 197-219
Italy is the first country to have experimented with both accruals and retrospective capital gains taxation along the lines suggested by Vickrey (1939) and Meade (1978). This paper describes the Italian experience, highlighting its peculiar features and the lessons that can be learned by other...