Economics, Econometrics and Finance
a year ago

Corporate tax rates significantly impact stock markets in old EU democracies.

Slovak Journal of Political Sciences
National Ecomonic Practicies: Influence of Tax Policies on the Economic Processes of the Old and the New EU Democracies
Jana Kušnírová, Juraj Válek, Juraj Dedinský

Paper Summary

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The article explores how corporate tax policies in different EU countries affect their stock markets. It compares old and new democracies to see how tax rates impact stock market performance. The researchers found that in old democracies, changes in corporate tax rates have a bigger effect on stock markets than in new democracies. This shows that tax policies can significantly influence the business environment and stock market outcomes in different countries.