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Ein Vorschlag zur Reform der österreichischen Unternehmensbesteuerung

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Schneider, F., Winner, H. Ein Vorschlag zur Reform der österreichischen Unternehmensbesteuerung. Credit and Capital Markets – Kredit und Kapital, 34(2), 223-256. https://doi.org/10.3790/ccm.34.2.223
Schneider, Friedrich and Winner, Hannes "Ein Vorschlag zur Reform der österreichischen Unternehmensbesteuerung" Credit and Capital Markets – Kredit und Kapital 34.2, 2001, 223-256. https://doi.org/10.3790/ccm.34.2.223
Schneider, Friedrich/Winner, Hannes (2001): Ein Vorschlag zur Reform der österreichischen Unternehmensbesteuerung, in: Credit and Capital Markets – Kredit und Kapital, vol. 34, iss. 2, 223-256, [online] https://doi.org/10.3790/ccm.34.2.223

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Ein Vorschlag zur Reform der österreichischen Unternehmensbesteuerung

Schneider, Friedrich | Winner, Hannes

Credit and Capital Markets – Kredit und Kapital, Vol. 34 (2001), Iss. 2 : pp. 223–256

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Article Details

Author Details

Friedrich Schneider, Linz

Hannes Winner, Innsbruck

References

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Abstract

A Proposal for a New Business Taxation in Austria

This paper evaluates an alternative for the Austrian business taxation in which the company has to pay no taxes on retained earnings until repatriation to the shareholders. We analyze the effects of the proposal in a framework of effective marginal tax rates as developed by King and Fullerton. Effective marginal tax rates before and after the introduction of the new business taxation are calculated for national and international foreign direct investment. Our result is that the overall tax burden of corporations would be substantially lower both, for Austrian and international investors. Moreover, corporations face stronger incentives to finance investments at the margin with retained earnings. Therefore the tax disadvantage of equity would be reduced.