Die Einführung der Zinsschranke im Zuge der Unternehmensteuerreform 2008 hat für rege Diskussionen in Theorie und Praxis darüber gesorgt, wie viele Unternehmen vom Zinsabzugsverbot überhaupt betroffen sind und in welchem Umfang. Die vorliegende Arbeit nimmt nun, etwa sieben Jahre nach...

The Organisation for Economic Co-Operation and Development (OECD) recently proposed an interest barrier to fight tax base erosion and profit shifting (BEPS). We use the introduction of such an interest deductibility restriction in Germany as a quasi-experiment and find significant corporate...

Empirische Untersuchungen zur Relevanz der Zinsschranke betrachten in der Regel lediglich Kapitalgesellschaften und bilden somit nur einen Bruchteil der potentiell betroffenen Unternehmen ab. Auf Basis eines umfangreichen balancierten Panels analysiere ich anhand von handelsrechtlichen...

The theoretical literature suggests that when taking tax effects into account, debt ought to be preferable to equity. However, there are no uniform predictions of the size of this tax benefit (tax shield) in comparison to an opposing increasing cost of debt (especially insolvency costs). The...

We assess the investor reaction to a potential introduction of public country-by-country reporting (CbCR) into the European Capital Requirements Directive IV. Estimating cumulative abnormal returns with the help of a multivariate regression model, we find weak significant evidence around our...

In this paper, I review the empirical literature in the intersection of banks and corporate income taxation that emerged over the last two decades. To structure the included studies, I use a stakeholder approach and outline how corporate income taxation plays into the relation of banks and their...