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Keywords: investment portfolios
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Journal Articles
Journal of the American Taxation Association (2025) 47 (1): 7–30.
Published: 01 April 2025
... value taxation is associated with banks’ investment portfolio choices and risk taking. On average, banks hold fewer fair-value taxed securities when fair value taxes increase. This effect is pronounced for savings and cooperative banks. Further, the effect is pronounced for banks that report under local...
Includes: Supplementary data