This paper presents empirical evidence on the proposed Global Minimum Tax (GMT) of the OECD’s Pillar 2. First, it addresses how many, and which, countries or country groups can be seen as constituting a “critical mass” for its successful implementation; given such a critical mass,...

Tax competition for the mobile factor capital has led to a trend in many countries to levy lower taxes on interest income, often introducing differential taxation between interest and business income. In this study, we analyze the effect of such differential taxation on the debt ratio of firms....

This study provides evidence on the causal impact of debt shiftingactivities of multinational companies (MNC) on their capital accumulation. The identification strategy exploits the corporate tax rate cut of 10%-points in Germany 2008 as a quasi-natural experiment. This reform reduced...

Am 1. Januar 2009 wurde in Deutschland die Abgeltungsteuer für Kapitalerträge eingeführt. Einkünfte aus Kapitalvermögen werden seitdem mit 25 Prozent Einkommensteuer zuzüglich Solidaritätszuschlag abgeltend besteuert. Der Steuerzahler kann weiterhin die Anwendung des alten Steuerrechts...

The standardization of corporate taxation has been a topic of debate for many years in the course of the increasingly progressive integration of European economies. Such a step would relieve the tax burden on cross-border companies and make tax minimization attempts by international companies...