The article outlines Germany's recent company tax reform. The act will become effective from January 1st, 2008, except for some minor points and for companies with an alternative fiscal year. The description comprises the reduction in the corporate income tax rate, repeal of declining-balance...

The paper presents an axiomatic restatement of the standard approach to nonlinear income taxation. It assumes a finite number of taxpayers rather than an uncountable infinity. Analytical tools are developed which facilitate proving the existence of tax schedules that are continuous,...

Stefan Homburg presents the core elements of this tax reform. He focuses on the switch from the imputation method to the so-called half income method and analyses the reform's impact on capital exports and capital imports. His main conclusion is that the reform is at variance with the objectives...

The paper analyses gains from international tax co-ordination. Focussing on capital income taxes in a two country model, the main result is that gains from co-ordination, or from tax harmonisation, are by far smaller than is normally assumed if the countries tax capital income according to the...

This paper makes a fresh attempt at characterizing optimal commodity taxes. Under the usual assumptions, an extremely simple expression for second-best commodity taxes is derived, showing tax rates as functions of observable variables only, rather than as functions of unobservable variables such...