The changes in tax revenue after amendment of Estate and Gift Tax Law： evidence from R.O.C.

• Main Author: 林洋毅
• Other Authors: 盧聯生
• Format: Others
• Language: zh-TW
• Online Access: http://ndltd.ncl.edu.tw/handle/28052979461821113440

碩士 === 國立政治大學 === 會計研究所 === 102 === Facing with several unfavorable factors such as economic downturn, budget deficits, and enormous social welfare expenditures, Taiwanese government decided to lead a reform of current tax system by dropping the highest marginal tax rate of estate and gift tax from 50% to single tax rate of 10% and raising the exemption. The main purpose of this amendment is to attract foreign capitals, stimulate domestic consumptions and investments, and ultimately revitalize the economy and stabilize domestic finance. This study examines the effect of dropping estate and gift tax rate. Based on actual imposition data collected from Ministry of Finance, and experiences of United States, South Korea, Japan and other countries. I find that except for the process of tax collection is not efficient as expected, there is no significant change of tax revenue after amendment of estate and gift tax law, the reason is that the inflow of overseas funds increases the tax base. Overall, the reform of estate and gift tax does meet the initial expectation.