Tax Neutrality: Illusion or Reality? The Case of Entrepreneurship

V. Kanniainen, P. Panteghini
{"title":"Tax Neutrality: Illusion or Reality? The Case of Entrepreneurship","authors":"V. Kanniainen, P. Panteghini","doi":"10.1628/001522113X666926","DOIUrl":null,"url":null,"abstract":"This paper shows that taxes which are understood to be neutral with respect to the marginal investment decisions may be distortionary with respect to entrepreneurial decisions. In particular, we apply an intertemporal model to show that a comprehensive income tax is distortionary unless all kinds of income are subject to the same tax rate and a worker's option to become an entrepreneur is accounted for. Similarly, the harsh condition of a uniform tax rate is necessary but not sufficient under \"new view\" dividend tax, cash flow tax, and ACE tax, so that the occupational choice is not distorted. In any case, informational problems may arise and lead to distortive effects.","PeriodicalId":365252,"journal":{"name":"ERPN: Tax (Sub-Topic)","volume":"41 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2008-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"57","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"ERPN: Tax (Sub-Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1628/001522113X666926","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 57

Abstract

This paper shows that taxes which are understood to be neutral with respect to the marginal investment decisions may be distortionary with respect to entrepreneurial decisions. In particular, we apply an intertemporal model to show that a comprehensive income tax is distortionary unless all kinds of income are subject to the same tax rate and a worker's option to become an entrepreneur is accounted for. Similarly, the harsh condition of a uniform tax rate is necessary but not sufficient under "new view" dividend tax, cash flow tax, and ACE tax, so that the occupational choice is not distorted. In any case, informational problems may arise and lead to distortive effects.
查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
税收中立:幻想还是现实?创业案例
本文表明,被理解为对边际投资决策是中性的税收可能对企业决策是扭曲的。特别是,我们应用跨期模型来表明,除非所有种类的收入都适用相同的税率,并且考虑到工人成为企业家的选择,否则综合所得税是扭曲的。同样,在“新观点”股利税、现金流税和ACE税下,统一税率的苛刻条件是必要的,但不是充分的,这样职业选择才不会被扭曲。在任何情况下,都可能出现信息问题并导致扭曲效应。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 去求助
来源期刊
自引率
0.00%
发文量
0
期刊最新文献
Emergence of Regional Entrepreneurship Through Hometown Tax Donation - Unique Regional Development System: Implications from Development of New Products and Improvement in Business Capabilities by Gift Providers - Adverse Selection in Tax Credit Programs for Biotechnology and Other Technology Startups Entrepreneurial Taxation with Endogenous Entry The Impact of Corporate Taxes and Flexibility on Entrepreneurial Decisions with Moral Hazard and Simultaneous Firm and Personal Level Taxation The Properties of Income Risk in Privately Held Businesses
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1