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The Equity Implications of Changing the Tax Basis for Pension Funds

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Author Info
Atkinson, M.E.
Creedy, J.
Know, D.M.

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Abstract

Governments in many developed economies provide occupational pension plans with significant taxation incentives. However, as many retirement income systems are now being reviewed due to demographic, social and economic pressures, these taxation arrangements are also under scrutiny. This paper compares the implications for intergenerational equity between the traditional taxation treatment adopted by most OECD nations and that adopted by Australia, where there is a tax on contributions, a tax on investment earnings and a tax on benefits when paid.

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Publisher Info
Paper provided by The University of Melbourne in its series Department of Economics - Working Papers Series with number 629.

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Length: 18 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:mlb:wpaper:629

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Postal: Department of Economics, The University of Melbourne, 5th Floor, Economics and Commerce Building, Victoria, 3010, Australia
Phone: +61 3 8344 5289
Fax: +61 3 8344 6899
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Web page: http://www.economics.unimelb.edu.au
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Related research
Keywords: PENSION FUNDS ; TAXATION;

Find related papers by JEL classification:
H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
H22 - Public Economics - - Taxation, Subsidies, and Revenue - - - Incidence
H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation

Cited by:
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  1. Vasco C Nhabinde & Niek J Schoeman, 2008. "The Impact of Retirement Benefits on Consumption and Saving in South Africa," Working Papers 200807, University of Pretoria, Department of Economics. [Downloadable!]
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This page was last updated on 2009-12-20.


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