This paper investigates the effects of increased cash dividend payout, and of quot;forced realizations~ of capital … United States, Great Britain, and Canada suggests that higher dividend tax rates lower consumption. This is consistent with …

Canada (S&P/TSX composite index firms), supporting a dividend tax premium being capitalized into stock returns. While our … dividend and capital gains tax rates is substantially smaller relative to the differences used in the long time series US …

We investigate the ex-dividend behaviour of TSX listed Canadian firms during a period when both U.S and Canadian … governments cut taxes on dividend income. We test whether the tax differential between dividends and capital gains affects the … stock price drop ratio on ex-dividend date. Using quarterly dividend date from 2002-2007, we also investigate the existence …

This paper investigates the effects of increased cash dividend payout, and of "forced realizations~ of capital gains in … States, Great Britain, and Canada suggests that higher dividend tax rates lower consumption. This is consistent with such tax …