taxation on dividends (dividend tax capitalisation). Despite an extensive theoretical and empirical literature controversy … implications – The taxation of dividends is an important issue because of the potential for it to influence firms’ cost of capital … mitigate any “adverse” tax effects. Social implications – The results indicate that taxation of dividends and share prices are …

-puzzle'. However, despite tremendous efforts in different fields of economics, the influence of taxation on the distribution policy of … 'traditional view' of dividend taxation, German decision-makers cut back their dividend payments in response to the reduced … advantageousness of dividends in comparison to capital gains after the reform. …

This study investigated whether the way in which dividends are taxed in SouthAfrica, with the introduction of Secondary … Tax on Companies (STC) in 1993,together with the extensive piece of legislation which incorporates dividends, hasa … negative impact on the total amount of dividends paid by companies listed onthe Johannesburg Stock Exchange for the period from …

Purpose – This study aims to provide a modern perspective on the role of dividends in smaller developed countries such … as Ireland by examining views regarding the determinants of payout levels, the role of taxation and the relevance of … share valuations. However, views regarding this issue – and the role of taxation and signalling theory – vary markedly …