payout channel and are rather sticky. Choice of payout channel and level of payout are affected by dividend and wage taxation …

authority has approved all tax returns. For the period 2006-2009, approximately 5% of tax returns overstate a claimed dividend …

This paper analyzes whether a dividend tax cut for owner-managers of closely held corporations encourages income …, and self-employed. We find robust evidence of extensive income shifting across tax bases in response to the 2006 dividend … total income. Instead, they relabel earned income as dividend income. The income shifting effect is stronger for owner …

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 …. Cashconstrained firms increase investment after the dividend tax cut relative to cash-rich firms. Reallocation is stronger among …