Taxation of Capital Gains : A Review of the Main Issues /

This paper reviews the main issues that needs to be addressed in the taxation of capital gains. The main focus of the paper is on the tax treatment of capital gains in the United States. The impact of inflation on asset values and the taxation of gains have led to calls for an inflation-adjusted tax...

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Detalles Bibliográficos
Autor Principal: Andersson, Krister
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1991.
Series:IMF Working Papers; Working Paper ; No. 1991/103
Acceso en liña:Full text available on IMF
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245 1 0 |a Taxation of Capital Gains :   |b A Review of the Main Issues /  |c Krister Andersson. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1991. 
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This paper reviews the main issues that needs to be addressed in the taxation of capital gains. The main focus of the paper is on the tax treatment of capital gains in the United States. The impact of inflation on asset values and the taxation of gains have led to calls for an inflation-adjusted taxation of capital gains. Others have called for the exclusion of a part of the nominal gains from taxation. This paper argues that if the exclusion method is used, the exclusion rate should increase as the holding period gets longer. 
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830 0 |a IMF Working Papers; Working Paper ;  |v No. 1991/103 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1991/103/001.1991.issue-103-en.xml  |z IMF e-Library