Estimates of labour supply effects of recent UK reforms in the area of direct taxes and benefits show that policy can have significant influence on the level of employment. We confirm this in a simulation of in-work support system introduced into the German tax and benefit system. Our simulation...

Im Mittelpunkt der Arbeit steht die Ausgestaltung der einkommensteuerlichen Abschreibung von beweglichen Wirtschaftsgütern (Absetzung für Abnutzung - AfA). Soweit es Zielsetzung des Steuergesetzgebers ist, ein international wettbewerbsfähiges und einfaches Steuerrecht zu verwirklichen sowie...

The deductibility of interest expenses from the corporate tax base creates an incentive for acquiring companies to finance a takeover with debt. In this paper, I investigate the impact of profit taxation on the financing decision in corporate acquisitions for the first time for a sample of...

I analyze the effects of profit taxation on the financing decision of corporate acquisitions. The deductibility of interest expenses from the corporate tax base creates an incentive for acquiring companies to finance a takeover with debt. Regarding the particular decision how to finance the...