The Taxation of Capital Income in Canada: Analysis and Directions for Reform

IF 1.8 3区经济学 Q2 BUSINESS, FINANCE

National Tax Journal Pub Date : 2021-06-01 DOI:10.1086/714389

K. Mckenzie

引用次数: 2

Abstract

This paper describes and analyzes the taxation of capital income in Canada, including the corporate income tax and the taxation of dividends and capital gains at the personal level. The paper then turns to a discussion of directions for policy reform. The perspective is that of a small open economy with highly mobile capital. I argue that a rent-based tax at the corporate level coupled with increases in the taxation of dividends and capital gains at the personal level is attractive in terms of the equity-efficiency trade-off.

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加拿大资本所得税：分析与改革方向

本文介绍并分析了加拿大资本收入的税收，包括公司所得税以及个人层面的股息和资本利得税。然后，本文转向对政策改革方向的讨论。这是一个小型开放型经济体的观点，资本流动性很强。我认为，公司层面的租金税，加上个人层面的股息和资本利得税的增加，在股权效率权衡方面是有吸引力的。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

National Tax Journal Multiple-

CiteScore

3.40

自引率

11.80%

发文量

期刊介绍： The goal of the National Tax Journal (NTJ) is to encourage and disseminate high quality original research on governmental tax and expenditure policies. Articles published in the regular March, June and September issues of the journal, as well as articles accepted for publication in special issues of the journal, are subject to professional peer review and include economic, theoretical, and empirical analyses of tax and expenditure issues with an emphasis on policy implications. The NTJ has been published quarterly since 1948 under the auspices of the National Tax Association (NTA). Most issues include an NTJ Forum, which consists of invited papers by leading scholars that examine in depth a single current tax or expenditure policy issue. The December issue is devoted to publishing papers presented at the NTA’s annual Spring Symposium; the articles in the December issue generally are not subject to peer review.