Radulescu, Doina; Stimmelmayr, Michael - In: CESifo economic studies : CESifo, a joint initiative of … 53 (2007) 2, pp. 294-328
This article analyses the switch to an Allowance for Corporate Equity (ACE) or to a Comprehensive Business Income Tax (CBIT) type of tax system starting from the present German tax system. We show that in case an ACE type of reform is financed by an increase in the VAT and not in the profit tax,...
