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The hidden burden of the income tax : compliance costs of German individuals
Blaufus, Kay; Eichfelder, Sebastian; Hundsdoerfer, Jochen - 2011
We analyze the compliance costs of individual taxpyers resulting from the German income tax. using survey data that has been raised between December 2008 and April 2009, we find evidence for a considerably higher cost burden of self-employed taxpaxers. Taxable income and the demand for external...
Persistent link: https://www.econbiz.de/10009008047
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How do entrepreneurial portfolios respond to income taxation?
Fossen, Frank M.; Rees, Ray; Rostam-Afschar, Davud; … - 2017
We investigate how personal income taxes affect the portfolio share of personal wealth that entrepreneurs invest in their own business. In a reformulation of the standard portfolio choice model that allows for underreporting of private business income to tax authorities, we show that a fall in...
Persistent link: https://www.econbiz.de/10011671669
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Effects of subsidizing the firstemployee - Empirical evidence from Finland
Nivala, Annika - 2019
This paper studies the effects of a first employee wage subsidy imple-mented in parts of Finland in 2007â 2011 using the universe of Finnishfirms. The subsidy, amounting to 30% of the wage costs of the firstemployee in the first year and 15% in the second, was targeted to en-trepreneurs without...
Persistent link: https://www.econbiz.de/10012503082
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Estimating Tax Noncompliance among the Self-Employed – Evidence from Pleasure Boat Registers
Engström, Per; Hagen, Johannes; Johansson, Edvard - 2021
In this paper, we improve upon the Pissarides-Weber (PW) method for estimating tax evasion among the self-employed by utilizing unique register-based consumption measures from the Swedish and Finnish mandatory registers for pleasure boats. Our main contributions are twofold: i) The PW method...
Persistent link: https://www.econbiz.de/10012503097
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Differential taxation and firms' financial leverage : evidence from the introduction of a flat tax on interest income
Fossen, Frank M.; Simmler, Martin - 2012
income, often introducing differential taxation between interest and business income. In this study, we analyze the effect of … such differential taxation on the debt ratio of firms. We exploit a 2009 tax reform in Germany as a quasi-experiment, which … leverage when the tax rate on interest income decreases, albeit to a small degree. -- Income taxation ; capital taxation …
Persistent link: https://www.econbiz.de/10009510579
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From financial to real economic crisis : evidence from individual firm-bank relationships in Germany
Dwenger, Nadja; Fossen, Frank M.; Simmler, Martin - 2015 - First version: February 14, 2015, This version: September 25, 2015
What began as a financial crisis in the United States in 2007-2008 quickly evolved into a massive crisis of the global real economy. We investigate the importance of the bank lending and firm borrowing channel in the international transmission of bank distress to the real economy - in...
Persistent link: https://www.econbiz.de/10011346644
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Estimating dynamic tax revenue elasticities for Germany
Koester, Gerrit B.; Priesmeier, Christoph - 2012
We analyse tax revenue elasticities by applying dynamic models to a new disaggregated dataset for Germany, which is adjusted for the effects of tax reforms. We estimate long-run elasticities that are substantially lower than in comparable studies for profit-related taxes and are slightly lower...
Persistent link: https://www.econbiz.de/10009625561
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Capital gains taxes and asset prices : the impact of tax awareness and procrastination
Eichfelder, Sebastian; Lau, Mona - 2014 - Version: July 2014
We argue that the impact of capital gains taxation on asset pricing depends on the tax awareness of market participants …
Persistent link: https://www.econbiz.de/10010383736
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Do Corporate Tax Cuts Reduce International Profit Shifting?
Brandstetter, Laura - 2014
This paper analyzes whether a corporate tax cut reduces profit shifting to low-tax countries. I use firm-level data of 2,812 German corporations around the Business Tax Reform in 2008. Applying a difference-in-differences framework with a one-on-one matching strategy, which compares earnings of...
Persistent link: https://www.econbiz.de/10010346231
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The tax-rate elasticity of local business profits
Fossen, Frank M.; Steiner, Viktor - 2014
Local business profits respond to local business tax (LBT) rates that vary across municipalities. We estimate that a one percent increase in the LBT rate decreases the LBT base by 0.45 percent, based on the universe of German LBT return files, which include corporations and unincorporated...
Persistent link: https://www.econbiz.de/10010429938