Homburg, Stefan; Houben, Henriette; Maiterth, Ralf - In: Schmalenbachs Zeitschrift für betriebswirtschaftliche … 60 (2008), pp. 29-47
Effective from 2008, Germany's top marginal income tax rate rises from 42 to 45 per cent. However, sole proprietorships and partnerships can opt for a preferential tax rate of 28.25 per cent for retained profits (§ 34a EStG). If they do so, profits are taxed again upon distribution. Using...
