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The Domestic Consequences of Alternative Systems of Corporate Taxation

Author

Listed:
  • William J. Byrne

    (International Monetary Fund)

  • Mitsuo Sato

    (Regional Tax Office, Osaka, Japan)

Abstract

Four different approaches to the integration of corporate and personal income taxes are discussed in terms of their effects upon the dividend payout ratio, total private saving, corporate investment, allocative efficiency and equity. It is concluded that the choice between the approaches must weigh (a) the relative importance of these considerations, (b) the degree of shifting of the corporate tax, and (c) the severity of the capital gains tax with which it will be associated.

Suggested Citation

  • William J. Byrne & Mitsuo Sato, 1976. "The Domestic Consequences of Alternative Systems of Corporate Taxation," Public Finance Review, , vol. 4(3), pages 259-284, July.
    • Handle: RePEc:sae:pubfin:v:4:y:1976:i:3:p:259-284
    DOI: 10.1177/109114217600400301
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    References listed on IDEAS

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