hence intended to prevent multiple (multistage) taxation. Referring to data from annual reports and the German Central Bank … volatile profits. Furthermore, partnerships often enjoy wealth tax privileges due to uniform taxation at individual level … taxation usually favors financial rather than real investment and encourages outbound investment. Consequently, introducing an …

This paper investigates the influence of different systems of current income and capital gains taxation on investor … basic tax systems are analyzed, a classical corporate tax system with double taxation of profits on corporate and personal … level, a shareholder relief system, that reduces double taxation completely. It can be shown that general analytical …

into the incentives of taxation they do not allow robust revenue estimations or distribution analyses. Hence there is need …

, provisions for future pension payments, provisions for legal obligations, avoidance of double taxation regarding dividend income …