Dividend Policy and Taxation—A Review

  • Pradip Kumar Das Jagannath Kishore College,Purulia under Sidho-Kanho-Birsha University,Purulia
Keywords: Dividend; taxation; clientele effect; Corporate dividend policy; shareholders.


Indeed, corporate dividend policy and taxation is a subject of intense research. Mostly, statutory amendments in the  dividend tax practice fabricate the dividend payout policy of corporate sector. At times, corporate composing substantial promoters’ securities are identified to keep a major objective to curtail their  dividend payout. The study aims at analyzing the interaction between dividend policy and taxation. This paper provides a brief contribution of the diverse thoughts on the clientele effect for analyzing the impact of taxation on corporate dividend policy and finds that the temporal pattern of corporate dividend payout and dynamic dividend behavior have significant impact on taxation in variety of modalities. The findings have significant implication for companies, investors and the Government.

Keywords: Dividend; taxation; clientele effect; Corporate dividend policy; shareholders.

Author Biography

Pradip Kumar Das, Jagannath Kishore College,Purulia under Sidho-Kanho-Birsha University,Purulia
Commerce Department; Associate Professor


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How to Cite
Das, P. (2020). Dividend Policy and Taxation—A Review. Journal of Research in Business, Economics and Management, 14(3), 2703-2710. Retrieved from http://www.scitecresearch.com/journals/index.php/jrbem/article/view/1876