Nordic dual income taxation of entrepreneurs |
| |
| Authors: | Vesa Kanniainen Seppo Kari Jouko Ylä-Liedenpohja |
| |
| Institution: | (1) Department of Economics, University of Helsinki, P.O. Box 17, 00014 Helsinki, Finland;(2) CESifo, Munich, Germany;(3) Government Institute for Economic Research, Box 1279, 00101 Helsinki, Finland;(4) Department of Economics and Accounting, University of Tampere, 33014 Tampere, Finland |
| |
| Abstract: | The paper shows how entrepreneurial taxes interact with the career choice of individuals, the quality of entrepreneurs, and their investment behavior. It is particularly relevant to differentiate the early effects on start-up enterprises with substantial uncertainty from the tax effects on mature firms where the uncertainty is resolved. Conditions are derived for the Nordic dual income tax to be neutral and they are found to be stringent. Profit expectations matter. The Nordic dual encourages (discourages) the establishment of new enterprises by entrepreneurs who anticipate high (low) profitability. |
| |
| Keywords: | Dual income taxation Enterprise taxes |
| 本文献已被 SpringerLink 等数据库收录！ |
|
