Kari, Seppo; Karikallio, Hanna; Pirttilä, Jukka - In: Fiscal Studies 29 (2008) 2, pp. 167-196
Using register-based panel data covering all Finnish firms from 1999 to 2004, we examine how corporations anticipated the 2005 dividend tax increase via changes in their dividend and investment policies. The Finnish capital and corporate income tax reform of 2005 creates a useful opportunity to...