IMITATING ACCRUAL TAXATION ON A REALIZATION BASIS
综述了在实现基础上模仿权责发生制征税的方案，提出统一形式化描述方法，便于从理论角度比较和评估这些方案。
Abstract While taxation of capital gains upon accrual poses problems of liquidity and valuation, taxation upon realization evokes the so‐called lock‐in effect that possibly induces distortions of the investors' liquidation and investment decision. The tax schemes, proposed in the literature in order to remedy simultaneously the shortcomings of both taxation methods, are mostly based on the idea of imitating accrual taxation on a realization basis. The paper surveys these proposals of so‐called formulaic taxation and develops a uniform formal way of describing the suggested schemes that allows them to be easily compared and evaluated from a theoretic point of view.