Thiemann, Andreas; Ognyanova, Diana; Narazani, Edlira; … - 2021
Germany's tax system places a relatively strong emphasis on direct taxes, particularly on labour. At the same time …, revenues from the inheritance and gift tax are relatively low. This points towards a large-scale transfer of wealth from one …. This is due mainly to the wide-ranging tax exemptions for business assets, which make the system complex, inefficient and …