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This paper estimates the pass through of VAT changes to consumer prices, using a uniquedataset providing disaggregated, monthly data on prices and VAT rates for 17 Eurozonecountries over 1999-2013. Pass through is much less than full on average, and differsmarkedly across types of VAT change....
Persistent link: https://www.econbiz.de/10013011191
Governments will have concurrent taxation power to levy tax on supply of goods and services. It is expected that the proposed …
Persistent link: https://www.econbiz.de/10013011463
The paper analyzes the efficiency costs of dividend taxation in an effort-based corporate agency model in which non … sufficient to infer the efficiency cost of dividend taxation as well as the financing regime of the firm that underlies the … dividend taxation …
Persistent link: https://www.econbiz.de/10013011653
I present a rationale for a government to discriminate between debt and equity financing when taxing corporate income. For risk-averse entrepreneurs, equity generates more surplus than debt, because it provides financing and insurance. A government seeking to extract surplus from entrepreneurs...
Persistent link: https://www.econbiz.de/10013011801
We used Nielsen store-level scanner data on cigarette prices from convenience stores over the period 2011-2012 to measure the incidence of cigarette excise taxes. We found that cigarette taxes were more than fully passed through to retail prices on average, suggesting consumers pay excess burden...
Persistent link: https://www.econbiz.de/10013012553
taxation of the profit derived from such business. Each country has its own national tax system but when these tax systems come … to play in the international arena, there could be overlap which can raise concerns such as double taxation and tax … avoidance. Nations having recognized this, try to curtail the effects of issues arising from international taxation by the …
Persistent link: https://www.econbiz.de/10013012570
Governments worldwide spend trillions of dollars on business support programs. This article examines the implications to investors of phasing out one of these subsidy programs. Our setting takes advantage of a unique quasi-natural experiment, where tax subsidies for Canadian Labour-Sponsored...
Persistent link: https://www.econbiz.de/10013012705
This paper estimates the pass through of VAT changes to consumer prices, using a unique dataset providing disaggregated, monthly data on prices and VAT rates for 17 Eurozone countries over 1999-2013. Pass through is much less than full on average, and differs markedly across types of VAT change....
Persistent link: https://www.econbiz.de/10013013095
This paper studies the market and welfare effects of two main tax reforms – the Comprehensive Business Income Tax (CBIT) and the Allowance for Corporate Equity tax (ACE). Using an imperfect-competition model for a small open economy, it is shown that the well-known neutrality property of ACE...
Persistent link: https://www.econbiz.de/10013013133
There has been an increasing reliance on sales taxation in both the states and counties in the United States. In this … paper, we are examining the relationship between state and local sales taxation and business activity in the U.S. by …
Persistent link: https://www.econbiz.de/10013013587