Macroeconomic Effects of Dividend Taxation with Investment Credit Limits /
We analyze the effects of dividend taxation in a general equilibrium business cycle model with an occasionally-binding investment credit limit. Permanent dividend tax reforms distort capital investment decisions in the binding long-run equilibrium, but are neutral otherwise. Temporary unexpected tax...
Main Author: | |
---|---|
Other Authors: | |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2022.
|
Series: | IMF Working Papers; Working Paper ;
No. 2022/127 |
Subjects: | |
Online Access: | Full text available on IMF Full text available on IMF |