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 … that the shareholders cannot recover their original equity injections without being subject to the dividend tax …

In this study we explore how a firm-level dividend tax on redistributed foreign profits affects the financial decisions … find a 23 percent increase in dividend payments and a similar increase in repatriated foreign profits after the repeal of …

to a dividend tax is above the old view double-tax one, (iii) the start-up investment is not affected by undervaluation …, but the discouragement engendered by dividend taxation is compensated by realization-based capital gains tax, (iv) with … suggests, (v) without undervaluation, the dividend tax boosts expansion investment. …

We study the effect of reforms that close loopholes in the enforcement of the dividend-withholding tax (DWT). We focus … quantity of stocks on loan. Before the reform all Nordic countries have a strong spike in stocks on loan centered around the ex-dividend … portfolio investment or dividend policy. We also consider DWT arbitrage among 15 European countries between 2010-2019. We find …

dividend income at the household level. A reduction of the tax burden on dividends is therefore merely an undesirable subsidy …

tax rates on individual dividend income from zero to 28 percent. We document strong timing effects on dividend payout on a … corporations' debt-equity ratios. The debt ratios drop sharply after the implementation of the reform. -- Neutral dividend tax …