An Empirical Study of the Policy Outcomes after the Estate and Gift Tax Reduction in Taiwan

• Main Authors: Ya-Ping Hsieh, 謝雅萍
• Other Authors: 黃定遠
• Format: Others
• Language: zh-TW
• Published: 2014
• Online Access: http://ndltd.ncl.edu.tw/handle/72025595740574052051

碩士 === 逢甲大學 === 財稅學系 === 102 === This study investigated the policy effects of 2009 estate and gift tax reform that cutted the tax rates drastically. Use the county level estate and gift tax sources and revenue data in Statistical Yearbook of the Ministry of Finance from 2003 to 2012. We adopted panel data models to test the policy change effects on the number of cases, value of estate and gift, ratio of taxable cases and tax revenues. The empirical results show that 1. “Per capita number of declared” in gift significantly decreased after tax reform; 2. “Average gross amount of taxable estate (gift)” and “Average net amount of taxable estate (gift)” all significantly increased after tax reform; 3. “Ratio of number of cases verified for taxation” significantly decreased for both taxes after tax reform since the huge raise in exemptions; and 4. “Average tax revenue” significantly increased in gift tax, but not in estate tax.