Distinguishing between “normal” and “excess” returns for tax policy
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
下载链接：
https://www.oecd.org/en/publications/distinguishing-between-normal-and-excess-returns-for-tax-policy_5jln6jct58vd-en.html
下载链接
链接失效反馈官方服务：
资源简介：
This paper explores the practical challenges tax policy analysts face when trying to apply differential taxation to “normal” and “excess” returns. The distinction between these two elements is being increasingly used in tax policy. The problem is that there is no clear definition for a “normal” return. While it is often equated to a risk-free...
