We consider an infinite-horizon general equilibrium model with heterogeneous agents and financial market imperfections. We investigate the role of dividend taxation on economic growth and asset price. The optimal dividend taxation is also studied.

This research is a qualitative that aims to identify the effect of implementation tax regulation counseling on taxpayer compliance. Tax mandatory contribution state owed by an individual or entity coercive in nature based law, with no direct compensation and used for purposes greatest prosperity people. Compliance taxation manifestation regulations reporting depositing taxes taxpayers. Socializ...

In this paper, we compare and contrast the environmental, macroeconomic distributive effects of CO2 taxation with taxing a variety air pollutants at their external costs. We do so using multi-sector multi-household dynamic computable general equilibrium model Portuguese economy. find that carbon tax 114 euros per ton is necessary to achieve IPCC 2030 targets. It does so, however, high distribut...

Instrument registration is the process of registering an instrument with appropriate local or state government agency. Taxation instruments imposing a tax on such as mortgages, deeds, and other documents. typically done by to generate revenue. It important note that taxation may vary jurisdiction. This paper however examined land-based practice for Anambra State. Findings indicated among others...

This paper employs a two-period life-cycle model to derive the optimal tax policy when educational investments are subject to credit constraints. Credit constraints arise from the limited commitment of debitors to repay loans and are endogenously determined by private banks under the non-default condition that individuals cannot be better off by defaulting. We show that the optimal redistributi...

This handbook chapter reviews recent developments in the theory of optimal labor income taxation. We emphasize connections between theory and empirical work that were initially lacking from optimal income tax theory. First, we provide historical and international background on labor income taxation and means-tested transfers. Second, we present the simple model of optimal linear taxation. Third...

Optimal Taxation, Child Care and Models of the Household This paper presents for the first time the properties of optimal piecewise linear tax systems for two-earner households, based on joint and individual incomes respectively. A key contribution is the analysis of the interaction of second earner wage differences, variation in prices of bought-in inputs into household production in the form ...

The goal of this paper is to seek new insight regarding international tax policy by recasting it in paraUel with the theory of international trade. This is accomplished by defining a free trade taxation regime as one that is consistent with an efficient worldwide allocation of capital, and evaluating within this perspective various aspects of tax policy, such as value-added taxes, integration, ...

This paper considers lessons from the practice of fiscal federalism for guidance on new approaches to development finance. Despite the fact that inter-regional redistribution in a federation relies on a central government with strong fiscal powers, the form of that redistribution can be used as a benchmark for international development assistance financing. In a federation, finance for less-dev...