Schafft die deutsche oder österreichische Begünstigung für thesaurierte Gewinne höhere Investitionsanreize?

Robert Kainz, Deborah Knirsch and Sebastian Schanz

No 41, arqus Discussion Papers in Quantitative Tax Research from arqus - Arbeitskreis Quantitative Steuerlehre

Abstract: This paper analyzes the effects of the tax privilege for retained profits of partnerships and sole proprietorships. These privileges were implemented in Austria in 2004 and in Germany in 2008. The paper demonstrates that the German government's goal of in-creasing the equity in German partnerships is not achieved. At the contrary, real invest-ment projects are usually less profitable compared to private financial investments which are taxed at a reduced flat rate. Even when real investment projects are realized, it is advantageous not to choose the tax privilege. In contrast to Germany, the Austrian tax privilege turns out to favor real investment, because retained profits are taxed advanta-geously. Therefore, equity of partnerships will increase in Austria, while in Germany the equity is likely to decrease.

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/30858/1/607968613.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:arqudp:41

Access Statistics for this paper

More papers in arqus Discussion Papers in Quantitative Tax Research from arqus - Arbeitskreis Quantitative Steuerlehre
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics (econstor@zbw-workspace.eu).