Arbeitspapier
Distortive effects of dividend taxation
This paper examines how the distortions caused by dividend taxation depend on whether or not shareholders can recover their original equity injections without being subject to the dividend tax. We point out the alternative assumptions in the literature on this, and we compare two different tax regimes, one where it is impossible for the firm to pay cash to its shareholders that is not taxed as dividends, the other where the shareholders are allowed a tax-free return of the original capital contributed through new issues. Our analysis shows that the regimes imply a substantial difference to our perceptions of the distortive effects of dividend taxation.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2013:16
- Klassifikation
-
Wirtschaft
Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes
Business Taxes and Subsidies including sales and value-added (VAT)
Fiscal Policies and Behavior of Economic Agents: Firm
- Thema
-
Self-employment
dividend taxation
share repurchases
equity trap
cost of capital
nucleus theory
growth path
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lindhe, Tobias
Södersten, Jan
- Ereignis
-
Veröffentlichung
- (wer)
-
Uppsala University, Department of Economics
- (wo)
-
Uppsala
- (wann)
-
2013
- Handle
- URN
-
urn:nbn:se:uu:diva-206751
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Lindhe, Tobias
- Södersten, Jan
- Uppsala University, Department of Economics
Entstanden
- 2013
Ähnliche Objekte (12)
Dissecting dividend decisions: Some clues about the effects of dividend taxation from recent UK reforms
Dividend taxation and DAX futures prices
Taxation and Corporate Dividend Behaviour in India
Dividend Taxation and the Cost of New Share Issues
The Efficiency Costs of Dividend Taxation with Managerial Firms
Dividend taxation, share repurchases and the equity trap
Dividend taxation, share repurchases and the equity trap
Taxation of dividend income and economic growth: The case of Europe
Taxation of Dividend Income and Economic Growth: The Case of Europe
Dividend Taxation and Firm Performance with Heterogeneous Payout Responses
Dividend announcements reconsidered dividend changes versus dividend surprises
Dividend announcements reconsidered: Dividend changes versus dividend surprises
Dissecting dividend decisions: Some clues about the effects of dividend taxation from recent UK reforms
Dividend taxation and DAX futures prices
Taxation and Corporate Dividend Behaviour in India
Dividend Taxation and the Cost of New Share Issues
The Efficiency Costs of Dividend Taxation with Managerial Firms
Dividend taxation, share repurchases and the equity trap
Dividend taxation, share repurchases and the equity trap
Taxation of dividend income and economic growth: The case of Europe
Taxation of Dividend Income and Economic Growth: The Case of Europe
Dividend Taxation and Firm Performance with Heterogeneous Payout Responses
Dividend announcements reconsidered dividend changes versus dividend surprises
Dividend announcements reconsidered: Dividend changes versus dividend surprises
Dissecting dividend decisions: Some clues about the effects of dividend taxation from recent UK reforms
Dividend taxation and DAX futures prices
Taxation and Corporate Dividend Behaviour in India
Dividend Taxation and the Cost of New Share Issues
The Efficiency Costs of Dividend Taxation with Managerial Firms
Dividend taxation, share repurchases and the equity trap
Dividend taxation, share repurchases and the equity trap
Taxation of dividend income and economic growth: The case of Europe
Taxation of Dividend Income and Economic Growth: The Case of Europe
Dividend Taxation and Firm Performance with Heterogeneous Payout Responses
Dividend announcements reconsidered dividend changes versus dividend surprises