We trace back Romania’s development to a low-tax country among the Member States of the European Union by analysing the major tax law changes in corporate taxation since 1992. We find that the significant reduction of the corporate income tax rate from 45% in 1992 to 16% since 2005 has not...

Encouraging private investment in the EU is currently a primary goal of the European Commission. However, the effectiveness of public policies to stimulate private investment - such as a European Fund for Strategic Investments, which was recently proposed by the president of the European...

11 European countries now operate IP Box regimes that provide substantially reduced rates of corporate tax for income derived from important forms of intellectual property. We incorporate these policies into forward-looking measures of the cost of capital, effective marginal tax rates and...

Die Oppositionsparteien des deutschen Bundestags haben im Vorfeld der Bundestagswahlen 2013 steuerliche Reformkonzepte vorgelegt, die in erster Linie auf die Generierung zusätzlichen Steueraufkommens und die Umverteilung von Vermögen ausgerichtet sind. Im Vordergrund steht dabei die...