Die Erbschaft- und Schenkungsteuer muss grundlegend reformiert werden. Grund- und Betriebsvermögen sollen nach dem Ertragswertverfahren bewertet werden. Das bedeutet eine deutliche Annäherung an die Verkehrswerte, macht jedoch das Besteuerungsverfahren aufwändiger und streitanfälliger. Ein...

For the valuation of a company it is necessary to take the income tax of its owners into account. When looking at a squeeze-out with investors who have different wealth this implies that fair compensation payments will be different. This is in contradiction to the German Stock Companies Act. In...

Effective from 2008, Germany´s top marginal income tax rate rises from 42 to 45 der cent. However, sole proprietorships and partnerships can opt for a preferential tax rate of 28,25 per cent for retained profits (§34a EStG-E). If they do so, profits are taxed again upon distribution. Using...

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