publication . Research . Article . Preprint . Report . 2014

Inheritance taxation in Sweden, 1885-2004 : the role of ideology, family firms, and tax avoidance

Henrekson, Magnus; Waldenström, Daniel;
Open Access English
  • Published: 06 Jul 2014
  • Publisher: Res Inst Ind Econ IFN, Stockholm, Sweden.
Abstract
This paper studies the evolution of Swedish inheritance taxation since the late nineteenth century to its abolition in 2004. Our contribution is twofold. First, we compute the annual effective inheritance tax rates for different sizes of bequests, if the inherited assets were family firm equity or not, accounting for all relevant exemptions, deductions and valuation discounts. Second, we attempt to explain changes in inheritance taxation over time. Ideology appears to be the main driver of the sharp tax increases of the 1930s through the 1960s. Wartime economies with higher pressures on the people induced politicians to raise inheritance taxes on the wealthy, pr...
Subjects
free text keywords: Ekonomisk historia, D31, H20, Economic History, Entrepreneurship, K34, Inheritance tax, Gift tax, Ownership transfers of family firms, Gift tax; Inheritance tax; Estate tax; Tax avoidance; Excess burden; Entre-preneurship; Ownership transfers of family firms, Excess burden, Tax avoidance, Estate tax, Gift tax; Inheritance tax; Estate tax; Tax avoidance; Excess burden; Entrepreneurship; Ownership transfers of family firms, jel:D31, jel:H20, jel:K34, ddc:330
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publication . Research . Article . Preprint . Report . 2014

Inheritance taxation in Sweden, 1885-2004 : the role of ideology, family firms, and tax avoidance

Henrekson, Magnus; Waldenström, Daniel;