THE RESPONSE OF CORPORATE DIVIDEND POLICY TO THE ABOLITION OF TAX CREDIT IN THE UNITED KINGDOM (U.K.)
By abolishing the tax credit on dividends received by tax-exempt financial institutions in 1997, the effective rate of tax for shareholders such as pension funds increases significantly, and the tax preference for dividends is significantly reduced. The tax-exempt shareholders mainly consist of pens...
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[Yogyakarta] : Universitas Gadjah Mada
2007
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