Masso, Jaan; Meriküll, Jaanika; Vahter, Priit - In: Journal of Comparative Economics 41 (2013) 4, pp. 1092-1105
This paper investigates the consequences of the corporate tax reform in Estonia in 2000. This unique reform nullified the taxation of retained earnings and maintained corporate income tax only on distributed profits. We investigate the outcome of the reform by comparing the performance of the...