This paper tests whether the 2003 dividend tax cut—one of the largest reforms ever to a U.S. capital tax rate …, the statistical precision challenges leading estimates of the cost-of-capital elasticity of investment, or undermines … models in which dividend tax reforms affect the cost of capital. Either way, it may be difficult to implement an alternative …

This paper tests whether the 2003 dividend tax cut--one of the largest reforms ever to a U.S. capital tax rate …, the statistical precision challenges leading estimates of the cost-of-capital elasticity of investment, or undermines … models in which dividend tax reforms affect the cost of capital. Either way, it may be difficult to implement an alternative …

tax reforms. The first study examines whether a dividend tax increase, which only affects corporate shareholders owning a …

I examine whether and to what extent tax uncertainty affects a firm's dividend payouts. Based on the argument that tax … uncertainty exhibit a lower probability of dividend payouts. The effect of tax uncertainty is stronger in the presence of … negative effect of tax uncertainty on dividend levels, which is moderated by the costs of dividend reductions. These results …

This study investigates the impact of dividend taxes on equity mutual fund investments, using the 2018 German …