Narrow search
Showing 1 - 10 of 4,397
Cover Image
Up or down? : capital income taxation in the United States and the United Kingdom
Polito, Vito - 2010
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 … stable. -- capital income taxation ; dividend policy ; effective marginal tax rates ; financial constraints …
Persistent link: https://www.econbiz.de/10008749020
Cover Image
The equity trap, the cost of capital and the firm's growth path
Lindhe, Tobias (contributor); Södersten, Jan (contributor) - 2006
Persistent link: https://www.econbiz.de/10003377163
Cover Image
What kind of Corporation Tax Regime?
Cnossen, Sijbren - 2014 - This version: 18 November 2014
This paper explores the taxation of corporations in the wider context of capital income taxation. The pros and cons of various income-based and cash-flow forms of corporation tax (CT) are discussed. The paper concludes that the dual income tax (DIT), which taxes all capital income at the...
Persistent link: https://www.econbiz.de/10010459664
Cover Image
Taxation of shareholder income and the cost of capital in a small open economy
Sørensen, Peter Birch - 2014
When companies finance their investment via the international markets for stocks and bonds, relief from domestic personal taxes on dividends and capital gains will not reduce the cost of capital. Some authors have shown that even for small domestic companies whose shares are not traded...
Persistent link: https://www.econbiz.de/10010438475
Cover Image
Dividend taxation and the cost of new share issues
Lindhe, Tobias; Södersten, Jan - 2014
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 …
Persistent link: https://www.econbiz.de/10010412740
Cover Image
Welfare effect of closing loopholes in the dividend-withholding tax : the case of cum-cum and cum-ex transactions
Casi-Eberhard, Elisa; Gavrilova, Evelina; Murphy, David; … - 2022
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 …
Persistent link: https://www.econbiz.de/10012822099
Cover Image
The optimal taxation of dividends in a small open economy
Fuest, Clemens; Huber, Bernd - 2000
dividend income at the household level. A reduction of the tax burden on dividends is therefore merely an undesirable subsidy …
Persistent link: https://www.econbiz.de/10009781629
Cover Image
Dividend taxation and firm performance with heterogeneous payout responses
Bilicka, Katarzyna; Güçeri, Irem; Koumanakos, Evangelos P. - 2022
We analyze the short and long-run performance of firms that were differentially affected by a new tax on dividends in the lead-up to the Global Financial Crisis. We use exogenous policy variation for firms with different legal statuses and financial year-end dates to causally identify the...
Persistent link: https://www.econbiz.de/10013475268
Cover Image
Taxes and pensions
Diamond, Peter A. - 2009
Pension benefit rules depend on individual history far more than taxes do, and age plays a much larger role in pension determination than in tax determination. Apart from some simulation studies, theoretical studies of optimal tax design typically contain neither a mandatory pension system nor...
Persistent link: https://www.econbiz.de/10003850157
Cover Image
Who participates in tax avoidance?
Alstadsæter, Annette; Jacob, Martin - 2013
. -- tax avoidance ; income shifting ; income taxation ; dividend taxation …
Persistent link: https://www.econbiz.de/10009736758