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dividend income at the household level. A reduction of the tax burden on dividends is therefore merely an undesirable subsidy …This paper analyses the optimal taxation of dividends and other types of income from portfolio investment. We show that …, in an open economy, it is not desirable to offer double taxation relief for dividends paid by domestic firms to domestic …
Persistent link: https://www.econbiz.de/10009781629
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
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/10009229224
Persistent link: https://www.econbiz.de/10009517782
Persistent link: https://www.econbiz.de/10014320481
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 …
Persistent link: https://www.econbiz.de/10013316126
Persistent link: https://www.econbiz.de/10011498785
Persistent link: https://www.econbiz.de/10011936075
Persistent link: https://www.econbiz.de/10010436913
We analyze the implications of the decline in labor’s share in national income for optimal Ramsey taxation. It is optimal to accompany the decline in labor share by raising capital taxes only if the labor share is falling because of a decline in competition or other mechanisms that raise the...
Persistent link: https://www.econbiz.de/10012533894