Arbeitspapier
Generalized Cash Flow Taxation
We show the unique form that must be taken by a tax system based entirely on realization accounting to implement a uniform capital income tax, or, equivalently, a uniform wealth tax. This system combines elements of an accrual based capital income tax and a traditional cash flow tax, having many of the attributes of the latter while still imposing a tax burden on marginal capital income. Like the traditional cash flow tax, this system may be integrated with a tax on labor income. We also show how such a tax can be supplemented with an optional accounting for a segregated subset of actively traded securities, subjected separately to mark-to-market taxation at the uniform capital income tax rate, to permit a fully graduated tax system applicable to labor income.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 425
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Auerbach, Alan
Bradford, David
- Event
-
Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2001
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Auerbach, Alan
- Bradford, David
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2001
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Symmetric cash flow-taxation and cross-border investments
Cash-flow business taxation revisited: Bankruptcy, risk aversion and asymmetric information
Choice of Tax Base Revisited: Cash Flow vs. Prepayment Approaches to Consumption Taxation
A Monte Carlo Comparison between the Free Cash Flow and Discounted Cash Flow Approaches
Towards a Practical Cash-Flow Tax
Internationale Cash Flow-Rechnungen aus Eigner- und Gläubigersicht
Executive Compensation, Macroeconomic Conditions, and Cash Flow Cyclicality
Free Cash Flow, Signaling and the Dividend Puzzle
The cash flow tax as a local business tax
Can Destination-Based Cash Flow Taxes Arise in Equilibrium?
Generalized cash flow taxation
Revenue Implications of Destination-Based Cash-Flow Taxation
Symmetric cash flow-taxation and cross-border investments
Cash-flow business taxation revisited: Bankruptcy, risk aversion and asymmetric information
Choice of Tax Base Revisited: Cash Flow vs. Prepayment Approaches to Consumption Taxation
A Monte Carlo Comparison between the Free Cash Flow and Discounted Cash Flow Approaches
Towards a Practical Cash-Flow Tax
Internationale Cash Flow-Rechnungen aus Eigner- und Gläubigersicht
Executive Compensation, Macroeconomic Conditions, and Cash Flow Cyclicality
Free Cash Flow, Signaling and the Dividend Puzzle
The cash flow tax as a local business tax