An alternative minimum tax (AMT) is often regarded as desirable. We analyze a wealthtax at corporate and personal level that is designed as an AMT as proposed by the GermanGreen Party. This wealth tax is imputable to profit taxes and is hence intended to preventmultiple (multistage) taxation....

China's economic structures, business dynamics and individual management decisions are not determined by the country's formal institutional arrangements alone. China's society, its politics and business are rather governed by powerful informal mechanisms that complement and sometimes overrule...