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Imputation tax system

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Imputation tax system
Arrangement by which investors who receive a dividend also receive a tax credit for corporate taxes that the firm has paid.


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States have developed a range of reforms, including imputation tax systems, an allowance for corporate equity or capital, shareholder allowances or credits within a corporate equity tax system, a comprehensive business tax system, or, alternately, a destination-based corporate cash-flow tax or and origin-based corporate cash-flow tax, all of which this report describes in detail, along with associated methodologies and standards.
iii) The imputation tax system confines imputation credits to dividends paid by resident companies directly or indirectly to resident individuals.
 
 
 
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