There is a lack of clear evidence of the ways in which dividend taxation affects dividend distributions and investment … old view of dividend taxation … Finnish dividend tax increase of 2005. This reform creates a useful opportunity to measure enterprise behaviour, since it …

take into account financial constraints on dividend policy faced by firms investing in both the United States and the … United Kingdom. The paper incorporates financial constraints on dividend policy into the analytical framework for the …

This paper examines how the effects of dividend taxation on the cost of new equity funds depend on whether or not … shareholders can recover their original equity injections without being subject to the dividend tax. We point out the alternative … cash to its shareholders that is not taxed as dividends, the other where the shareholders are allowed a tax-free return of …

This paper reconsiders the effects of dividend taxation. Particular attention is paid to the form of the "equity trap …", that is, the extent to which cash paid to the shareholders must be taxed as dividends. Our analysis shows that Sinn's (1991 … misleading comparison across two different regimes for the equity trap. Contrary to Sinn, we find that when dividends are paid …

We test whether dividend taxes affect corporate investments. We exploit Sweden's 2006 dividend tax cut of 10 percentage … data and triple-difference estimators, we find that this dividend tax cut affects allocation of corporate investment. Cash …-constrained firms increase investment after the dividend tax cut relative to cash-rich firms. Reallocation is stronger among closely …

This paper investigates the conditions under which partial harmonization for capital taxation is sustained in a …

This paper presents the case for tax progressivity based on recent results in optimal tax theory. We consider the … optimal progressivity of earnings taxation and whether capital income should be taxed. We critically discuss the academic …

improving means to reduce inefficiently high capital taxation under discretion is for the government to place greater weight on …

of capital income taxation is explained by the low interest elasticity of precautionary savings compared to that of life …

of capital taxation, where the asymmetric member states of a union choose a common, federal tax rate in the first stage … present simulation results, and show that a dual structure of capital taxation has advantages even when side payments are …