In the problem of optimal taxation in an economy with two productive factors, labor and capital, the optimal solution … when the government can commit to a sequence of tax rates, has the tax on capital tending to zero in the limit, with all …

capital and labor based on administratively set minimum wages rather than an imputed return to book assets.  This paper … shift would also raise the tax burden of skilled labor-intensive industries more than it would that of capital …

This study focused on environmental tax measures, and on allocation, pricing, and taxation of Iceland’s major … hydropower and geothermal resources. Measures to secure the tax base for the corporate income tax (CIT) are proposed. Taxation of …

This paper reviews capital taxation issues in Italy based on a comprehensive definition encompassing taxes on income …, transactions, and ownership. It discusses options to enhance the neutrality of the capital income tax system, followed by a …

theory of optimal capital structure it tests (i) whether corporate taxes induce subsidiary banks to raise their debt … subsidiary banks affect the intra-bank capital structure through international debt shifting. Using a novel subsidiary … taxation causes significant international debt spillovers through multinational banks, which has potentially important …

established by Piketty (2001, 2003). The disappearance of capital income from the income tax base in many countries poses a major … including capital gains to 2010, and the series excluding capital gains to 2008. Second, we derive three homogeneous series by … simulating legislative definitions of capital income prevailing in Germany between 2001 and 2010. For both simulation and the …

This paper studies the impact of bank regulation and taxation in a dynamic model with banks exposed to credit and … liquidity risk. We find an inverted U-shaped relationship between capital requirements and bank lending, efficiency, and welfare … lending, efficiency and welfare significantly. The costs of high capital and liquidity requirements represent a lower bound on …

This paper considers the impact of endogenous human capital accumulation on optimal tax policy in a life cycle model …. Including endogenous human capital accumulation, either through learning-by-doing or learning-or-doing, is analytically shown to …, then it is optimal to use a tax on capital in order to mimic such taxes. Quantitatively, introducing learning-by-doing or …

Corporate capital gains deserve a closer look. …