Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/103696
Authors: 
Houben, Henriette
Maiterth, Ralf
Year of Publication: 
2011
Citation: 
[Journal:] BuR - Business Research [ISSN:] 1866-8658 [Volume:] 4 [Year:] 2011 [Issue:] 1 [Pages:] 32-46
Abstract: 
This contribution addresses the substantial tax privilege for businesses introduced by the German Inheritance Tax Act 2009. Advocates of the vast or even entire tax exemption for businesses stress the potential damage of the inheritance tax on businesses, as those often lack liquidity to meet tax liability. This submission tackles this issue empirically based on data of the German Inheritance Tax Statistics and the SOEP. The results indicate that former German inheritance tax law has not endangered transferred businesses. Hence, there is no need for the tremendous tax privilege for businesses in current German inheritance tax law. An alternative flat inheritance tax without tax privileges, which meets revenue neutrality per tax class according to current tax law, provokes in some cases relative high tax loads which might trouble businesses.
Subjects: 
family business
inheritance tax
liquidity effect
tax privilege for businesses
Persistent Identifier of the first edition: 
Document Type: 
Article

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