Tax Arbitrage in the Netherlands. Evaluation of the Capital Income Tax Reform of January 1, 2001
Year: 1997
Type: dissertation
Abstract: This thesis evaluates the Dutch reform of capital income taxation of January 1, 2001. The Dutch capital-income-tax system before the reform distorted the choice between the investment’s sources of finance and uses of earnings, the businesses’ legal form, and the households’ (either debt-financed or equity-financed) saving vehicles. Such distortions imply that agents that seek to minimise their tax liabilities will change the allocation of their savings and investments (tax-arbitrage behaviour). This thesis discusses the tax-arbitrage behaviour of firms, households and intermediaries (mutual funds and pension funds) before and after the Dutch tax reform of January 1, 2001. The analysis explores whether the capital-income-tax reform reduced tax-arbitrage opportuni
Author: Bert Brys
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1577084115