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dc.contributor.authorFinke, Katharinaen_US
dc.contributor.authorHeckemeyer, Jost H.en_US
dc.contributor.authorReister, Timoen_US
dc.contributor.authorSpengel, Christophen_US
dc.date.accessioned2011-06-16en_US
dc.date.accessioned2011-06-22T16:11:16Z-
dc.date.available2011-06-22T16:11:16Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/45851-
dc.description.abstractThe German corporate tax reform of 2008 has brought about important cuts in corporate tax rates, which were at the same time accompanied by significant changes in the determination of the tax base for both major German corporate taxes - corporate income tax and trade tax. The reform followed the distinct and internationally prevalent pattern of tax rate cut cum base broadening. Its implications are thus not unique to Germany. Especially in view of the current economic crisis, questions on the distribution of the tax burden among firms of different characteristics have arisen and still remain at the heart of the academic and political debate in Germany and other countries. In this paper we present a new corporate microsimulation model, ZEW TaxCoMM, which allows for the coherent micro-based analysis of revenue implications of tax reforms and the distribution of tax consequences among heterogeneous firms. The model processes firm-level financial accounting input data and derives the firm specific tax base and tax due endogenously in accordance with the tax code. To smooth out distortions between the sample and the population of German corporations, the sample is extrapolated on the basis of the corporate income tax statistic. The simulation results show inter alia that the average annual relief as measured by the average decline in the effective tax burden on cash flow amounts to 2.8 percentage points for large corporations and to 6 percentage points for small corporations. Furthermore, the results illustrate that firms with low profitability, high debt ratio and high capital intensity benefit least from the reform. As to tax revenues, the reform induced decrease amounts to € 9.8 billion and the trade tax gains fiscally in importance.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 10-036 [rev.]en_US
dc.relation.isversionofhttp://hdl.handle.net/10419/36379-
dc.subject.jelH25en_US
dc.subject.jelH32en_US
dc.subject.jelK34en_US
dc.subject.jelC8en_US
dc.subject.ddc330en_US
dc.subject.keywordTax reformen_US
dc.subject.keywordmicrosimulationen_US
dc.subject.keywordtax policy evaluationen_US
dc.subject.stwKörperschaftsteueren_US
dc.subject.stwUnternehmensbesteuerungen_US
dc.subject.stwSteuerreformen_US
dc.subject.stwSteuerbemessungen_US
dc.subject.stwSteuerwirkungen_US
dc.subject.stwMikrosimulationen_US
dc.subject.stwSteuerbelastungen_US
dc.subject.stwDeutschlanden_US
dc.titleImpact of tax rate cut cum base broadening reforms on heterogeneous firms: Learning from the German tax reform 2008en_US
dc.typeWorking Paperen_US
dc.identifier.ppn662372972en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:zewdip:10036r-
Appears in Collections:ZEW Discussion Papers
Publikationen von Forscherinnen und Forschern des ZEW

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