Der folgende Beitrag zeigt anhand der Besteuerungswirkungen, die in einem zweistufigen kapitalistischen Unternehmensaufbau unter Einbeziehung der Anteilseigner auftreten, gegenwärtige Steuerbelastungsunterschiede bei nationalen und grenzüberschreitenden Investitionen von im europäischen...

Im Rahmen dieses Aufsatzes wird unter Heranziehung der deutschen, französischen und britischen Besteuerungskonzeptionen für Kapitalgesellschaften analysiert, ob und inwieweit in Deutschland, Frankreich und Großbritannien steuerartenbezogene Einflüsse auf die Entscheidung bezüglich der...

The measurement of the effective tax burden on profitable investments encounters many methodological problems. Some of them can be overcome by using an approach presented by Devereux and Griffith. Based on their methodology, we develop a measure for effective tax rates for profitable investments...

The economic policy response to COVID-19 lockdowns included a variety of measures. Their effects on non-financial firms, however, remain unclear. To shed light on the effect of transfers, we investigate the effect of German emergency aid transfers (November-December aid), a program designed for...

Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to cash flow for relatively small firms. Much of this...

This paper examines how Basel III capital reforms affected bank lending in Ger- many. We focus on the increase of minimum risk-based capital requirements and the introduction of the leverage ratio. The announcement of stricter risk-based capital regulation significantly affected low capitalized...