The desirability of inheritance and gift taxes depends on individuals' tax responsiveness. This paper demonstrates how … bunching approach to such double-kinked tax schedules, I document that individuals tailor their taxable wealth transfers to the …

The desirability of inheritance and gift taxes depends on individuals’ tax responsiveness. This paper demonstrates how … bunching approach to such double-kinked tax schedules, I document that individuals tailor their taxable wealth transfers to the …

using a balanced panel of German income tax return data. Reference dependence and loss aversion suggest that individuals in … a perceived loss situation attribute higher value to a given amount of positive change in outcome than individuals in a …

an exploitative manner. In other words, firms and individuals are considered tax aggressive if they interpret ambiguous … income tax return data. Tax aggressiveness is often defined as dealing with uncertainty - or more precisely: ambiguity - in … system leading to uncertainty about taxable income. The decision whether to exploit ambiguity or not is attributed to …

year, corresponding to 4.3% of the profits reported by these firms in Germany. This implies a tax revenue loss due to …

increasing tax policy uncertainty and the smoothing of bank-specific tax risks (volatility of cash effective tax rates) which …

such differential taxation on the debt ratio of firms. We exploit a 2009 tax reform in Germany as a quasi-experiment, which … differential, taking into account its endogeneity by using instrumental variables. The results indicate that firms increase their …