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 …