证券交易税对证券市场和财政收入的影响分析

An Analysis on Impacts of Securities Transaction Tax on the Securities Market and Fiscal Revenue

各国和地区设置证券交易税的政策目标在于降低股票价格的不稳定性和增加政府的财政收入。为检验上述政策目标能否实现,本文对美国、瑞典、英国、日本、韩国、中国香港、中国台湾几个重要的证券市场进行了分析,得出结论:各国和地区设置证券交易税的政策目标很难实现。

Reducing the volatility of stock price and increasing fiscal revenue are two main targets of collecting securities transaction tax in various countries and districts. To verify whether or not such targets can be achieved, this paper makes an analysis on several important securities markets in the USA, Sweden, Britain, Japan, South Korea, China Hong Kong and China Taiwan by concluding that it is hard to attain such targets by collecting securities transaction tax.