This paper discusses how payments from and contributions to a life annuity or a pension scheme can be taxed decision neutrally in the context of a classical income tax. We use the concept of "economic income" in the sense of Johansson and Samuelson. Within the framework of an economic analysis...

This paper analyzes the impact of capital gains taxation on investment timing decisions for risky investment projects with entry and exit flexibility under differential tax rates for ordinary income and capital gains. We investigate whether capital gains taxation influences immediate and delayed...

How theory- and evidence-based are political and economic decisions before the backdrop of disruptive technologies and global crises? The contributions collected here examine this question for the areas of health policy, tax policy, antitrust law, commercial law, and corporate accounting before...