This article investigates whether public funds should support R&D and if so, how such support should be designed in order to be efficient and to comply with the legal requirements stated in EU law and in domestic budget law. The article puts the emphasis on tax expenditure and, in particular, on...

Die neuen Mitgliedstaaten der Europäischen Union haben ihre nominalen Körperschaftsteuersätze vor ihrem Beitritt stark reduziert. Vielfach wurde befürchtet, dass die geringeren nominalen Steuersätze von restriktiveren Verlustverrechnungsmodalitäten begleitet werden. Dies könnte zu einem...

This article criticizes a proposal recently put forward by the co-chairmen of the National Commission on Fiscal Responsibility and Reform to abolish all tax expenditures and sharply reduce statutory tax rates. The author believes that abolishing all tax expenditures without regard to merit or a...