COMPANY'S DECISIONS ON DIVIDENDS IN THE CONTEXT OF CURRENT TAX POLICY

Adina Martin
Authors registered in the RePEc Author Service: Adina Dornean

Annales Universitatis Apulensis Series Oeconomica, 2006, vol. 2, issue 8, 39

Abstract: The aim of this paper is to present the enterprise decisions regarding dividends distribution in the context of the modifications of the fiscal laws about the methods used to impose the dividends and the profit obtained on the capital market. The different level of these taxes has an influence on the dividend decisions, meaning that a high level of the dividend tax comparing with the level of capital market profit tax, determines the stockholders to prefer the investment of the profit instead of receiving dividends. In this paper we try to analyze these aspects in the context of Romanian fiscal policy taking into account the modifications that had been taken in the last few years.

Keywords: dividend; profit; fiscal policy; capital market (search for similar items in EconPapers)
JEL-codes: G11 G35 G38 (search for similar items in EconPapers)
Date: 2006
References: Add references at CitEc
Citations:

Downloads: (external link)
http://oeconomica.uab.ro/upload/lucrari/820062/39.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:alu:journl:v:2:y:2006:i:8:p:39

Access Statistics for this article

More articles in Annales Universitatis Apulensis Series Oeconomica from Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia
Bibliographic data for series maintained by Dan-Constantin Danuletiu ().