Selected Aspects of Capital Gains Taxation in Australia, New Zealand, the United Kingdom and the United States

Brian J. Arnold and Tim Edgar

Canadian Public Policy, 1995, vol. 21, issue s1, 58-76

Abstract: The authors of this paper compare various structural aspects of the capital gains tax systems in Canada and four selected countries: (i) Australia, (ii) New Zealand, (iii) the United Kingdom, and (iv) the United States. The principal focus is on the lifetime capital gains exemption in Canada and the availability of comparable exemptions, preferences and reliefs for capital gains in these other countries. Despite the common legal and taxation traditions in the selected countries, the review reveals a surprising number of differences in the approaches to the taxation of capital gains. These differences are found in all of the usual structural aspects of a capital gains tax system. One of the more striking features of the systems in the four other countries is the lack of any general exemption comparable to the lifetime gains exemption in Canada.

Date: 1995
References: Add references at CitEc
Citations:

Downloads: (external link)
http://links.jstor.org/sici?sici=0317-0861%2819951 ... AOCGT%3E2.0.CO%3B2-6 (text/html)
only available to JSTOR subscribers

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:cpp:issued:v:21:y:1995:i:s1:p:58-76

Ordering information: This journal article can be ordered from
https://www.utpjournals.com/loi/cpp/

Access Statistics for this article

Canadian Public Policy is currently edited by Prof. Mike Veall

More articles in Canadian Public Policy from University of Toronto Press University of Toronto Press Journals Division 5201 Dufferin Street Toronto, Ontario, Canada M3H 5T8.
Bibliographic data for series maintained by Iver Chong ( this e-mail address is bad, please contact ).