[{"department":[{"_id":"187"}],"author":[{"id":"22671","last_name":"Hoppe","full_name":"Hoppe, Thomas","first_name":"Thomas"},{"last_name":"Schanz","first_name":"Deborah","full_name":"Schanz, Deborah"},{"first_name":"Adrian","full_name":"Schipp, Adrian","last_name":"Schipp","id":"44288"},{"full_name":"Siegel, Felix","first_name":"Felix","last_name":"Siegel"},{"last_name":"Sturm","full_name":"Sturm, Susann","first_name":"Susann"},{"first_name":"Caren","full_name":"Sureth-Sloane, Caren","last_name":"Sureth-Sloane","id":"530"}],"date_created":"2021-03-09T08:56:59Z","status":"public","title":"2018 Global MNC Tax Complexity Survey","user_id":"68751","main_file_link":[{"open_access":"1","url":"https://www.taxcomplexity.org/download/2018%20Global%20MNC%20Tax%20Complexity%20Survey%20-%20Executive%20Summary.pdf"}],"citation":{"ieee":"T. Hoppe, D. Schanz, A. Schipp, F. Siegel, S. Sturm, and C. Sureth-Sloane, 2018 Global MNC Tax Complexity Survey. 2020.","short":"T. Hoppe, D. Schanz, A. Schipp, F. Siegel, S. Sturm, C. Sureth-Sloane, 2018 Global MNC Tax Complexity Survey, 2020.","bibtex":"@book{Hoppe_Schanz_Schipp_Siegel_Sturm_Sureth-Sloane_2020, title={2018 Global MNC Tax Complexity Survey}, DOI={10.52569/RPVO1003}, author={Hoppe, Thomas and Schanz, Deborah and Schipp, Adrian and Siegel, Felix and Sturm, Susann and Sureth-Sloane, Caren}, year={2020} }","mla":"Hoppe, Thomas, et al. 2018 Global MNC Tax Complexity Survey. 2020, doi:10.52569/RPVO1003.","ama":"Hoppe T, Schanz D, Schipp A, Siegel F, Sturm S, Sureth-Sloane C. 2018 Global MNC Tax Complexity Survey.; 2020. doi:10.52569/RPVO1003","apa":"Hoppe, T., Schanz, D., Schipp, A., Siegel, F., Sturm, S., & Sureth-Sloane, C. (2020). 2018 Global MNC Tax Complexity Survey. https://doi.org/10.52569/RPVO1003","chicago":"Hoppe, Thomas, Deborah Schanz, Adrian Schipp, Felix Siegel, Susann Sturm, and Caren Sureth-Sloane. 2018 Global MNC Tax Complexity Survey, 2020. https://doi.org/10.52569/RPVO1003."},"year":"2020","type":"report","language":[{"iso":"eng"}],"_id":"21417","date_updated":"2022-01-06T06:54:59Z","doi":"10.52569/RPVO1003","oa":"1"},{"language":[{"iso":"eng"}],"oa":"1","date_updated":"2022-01-06T06:54:59Z","editor":[{"last_name":"Evans","first_name":"Chris","full_name":"Evans, Chris"},{"first_name":"Riël","full_name":"Franzsen, Riël","last_name":"Franzsen"},{"last_name":"Stack","first_name":"Elizabeth","full_name":"Stack, Elizabeth"}],"publication_identifier":{"isbn":["978-1-920538-96-5"]},"department":[{"_id":"187"}],"title":"Tax Complexity for Multinational Corporations in South Africa - Evidence from a Global Survey","place":"Pretoria","year":"2019","type":"book_chapter","citation":{"ama":"Hoppe T, Safaei R, Singleton A, Sureth-Sloane C. Tax Complexity for Multinational Corporations in South Africa - Evidence from a Global Survey. In: Evans C, Franzsen R, Stack E, eds. Tax Simplification - An African Perspective. Pretoria: Pretoria University Law Press; 2019:267-293.","apa":"Hoppe, T., Safaei, R., Singleton, A., & Sureth-Sloane, C. (2019). Tax Complexity for Multinational Corporations in South Africa - Evidence from a Global Survey. In C. Evans, R. Franzsen, & E. Stack (Eds.), Tax Simplification - An African Perspective (pp. 267–293). Pretoria: Pretoria University Law Press.","chicago":"Hoppe, Thomas, Reyhaneh Safaei, Amanda Singleton, and Caren Sureth-Sloane. “Tax Complexity for Multinational Corporations in South Africa - Evidence from a Global Survey.” In Tax Simplification - An African Perspective, edited by Chris Evans, Riël Franzsen, and Elizabeth Stack, 267–93. Pretoria: Pretoria University Law Press, 2019.","bibtex":"@inbook{Hoppe_Safaei_Singleton_Sureth-Sloane_2019, place={Pretoria}, title={Tax Complexity for Multinational Corporations in South Africa - Evidence from a Global Survey}, booktitle={Tax Simplification - An African Perspective}, publisher={Pretoria University Law Press}, author={Hoppe, Thomas and Safaei, Reyhaneh and Singleton, Amanda and Sureth-Sloane, Caren}, editor={Evans, Chris and Franzsen, Riël and Stack, ElizabethEditors}, year={2019}, pages={267–293} }","mla":"Hoppe, Thomas, et al. “Tax Complexity for Multinational Corporations in South Africa - Evidence from a Global Survey.” Tax Simplification - An African Perspective, edited by Chris Evans et al., Pretoria University Law Press, 2019, pp. 267–93.","short":"T. Hoppe, R. Safaei, A. Singleton, C. Sureth-Sloane, in: C. Evans, R. Franzsen, E. Stack (Eds.), Tax Simplification - An African Perspective, Pretoria University Law Press, Pretoria, 2019, pp. 267–293.","ieee":"T. Hoppe, R. Safaei, A. Singleton, and C. Sureth-Sloane, “Tax Complexity for Multinational Corporations in South Africa - Evidence from a Global Survey,” in Tax Simplification - An African Perspective, C. Evans, R. Franzsen, and E. Stack, Eds. Pretoria: Pretoria University Law Press, 2019, pp. 267–293."},"page":"267-293","main_file_link":[{"url":"https://www.pulp.up.ac.za/component/edocman/tax-simplification-an-african-perspective/download?Itemid=","open_access":"1"}],"_id":"21426","status":"public","date_created":"2021-03-09T09:53:42Z","publisher":"Pretoria University Law Press","author":[{"last_name":"Hoppe","id":"22671","first_name":"Thomas","full_name":"Hoppe, Thomas"},{"full_name":"Safaei, Reyhaneh","first_name":"Reyhaneh","id":"66935","last_name":"Safaei"},{"first_name":"Amanda","full_name":"Singleton, Amanda","last_name":"Singleton"},{"first_name":"Caren","full_name":"Sureth-Sloane, Caren","last_name":"Sureth-Sloane","id":"530"}],"publication":"Tax Simplification - An African Perspective","user_id":"68751","abstract":[{"lang":"eng","text":"This chapter examines the drivers of corporate income tax complexity for\r\nmultinational corporations in South Africa. Based on unique data from a\r\nglobal survey of tax consultants which was conducted in 2016 by Hoppe et al,\r\nnovel insights can be provided into the complexity of the South African tax\r\nsystem. The data enable a comparison of South Africa with the global mean\r\nof tax complexity, as well as with its major trade and investment partners. It\r\nis further possible to distinguish between different areas of tax complexity, ie,\r\ntax code complexity (complexity inherent in the different regulations of the\r\ntax code) and tax framework complexity (complexity that arises from the\r\nfeatures and processes of a tax system). Frequent changes in tax regulations,\r\nambiguity and interpretation, as well as record-keeping, are found to be the\r\nmost important complexity drivers in the tax code of South Africa. The\r\nanalysis further highlights that anti-avoidance provisions, such as transfer\r\npricing and controlled foreign corporation rules, are perceived as most\r\ncomplex. With respect to tax framework complexity, the poor disclosure of\r\naudit selection criteria, the lack of experience or technical skills of tax officers\r\nin the audit process and problems associated with tax refunds appear to be\r\nserious concerns. Even though South Africa’s overall tax system complexity\r\ndoes not seem to differ very much from other related countries, a closer look\r\ninto the details reveals a number of future challenges."}]},{"abstract":[{"text":"This paper introduces an index that captures the complexity of countries’ corporate income tax systems faced by multinational corporations. It is based on surveys of highly experienced tax consultants of the largest international tax services networks. The index, called the Tax Complexity Index (TCI), is composed of a tax code subindex covering tax regulations and a tax framework subindex covering tax processes and features. For a sample of 100 countries for the year 2016, we find that the level of tax complexity varies considerably across countries, while tax code and framework complexity also vary within countries. From a global perspective, tax complexity is strongly driven by the complexity of both transfer pricing regulations in the tax code and tax audits in the tax framework. When analyzing the associations with other country characteristics, we identify different correlation patterns. For example, tax framework complexity is negatively associated with countries’ governance, suggesting that strongly governed countries tend to have less complex tax frameworks, while tax code complexity is positively associated with the statutory tax rate, indicating that high-tax countries tend to have more complex tax codes. However, none of the observed associa-tions are very strong. We conclude that tax complexity represents a distinct country charac-teristic and propose the use of our TCI and its subindices in future research.","lang":"eng"}],"title":"Measuring Tax Complexity Across Countries: A Survey Study on MNCs","user_id":"61801","author":[{"last_name":"Hoppe","id":"22671","first_name":"Thomas","full_name":"Hoppe, Thomas"},{"last_name":"Schanz","first_name":"Debora","full_name":"Schanz, Debora"},{"full_name":"Sturm, Susann","first_name":"Susann","last_name":"Sturm"},{"last_name":"Sureth-Sloane","id":"530","first_name":"Caren","full_name":"Sureth-Sloane, Caren"}],"department":[{"_id":"635"}],"status":"public","date_created":"2020-07-31T10:58:34Z","_id":"17514","date_updated":"2022-01-06T06:53:14Z","doi":"10.2139/ssrn.3469663","series_title":"TAF Working Paper","main_file_link":[{"url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3469663"}],"type":"working_paper","citation":{"bibtex":"@book{Hoppe_Schanz_Sturm_Sureth-Sloane_2019, series={TAF Working Paper}, title={Measuring Tax Complexity Across Countries: A Survey Study on MNCs}, DOI={10.2139/ssrn.3469663}, author={Hoppe, Thomas and Schanz, Debora and Sturm, Susann and Sureth-Sloane, Caren}, year={2019}, collection={TAF Working Paper} }","mla":"Hoppe, Thomas, et al. Measuring Tax Complexity Across Countries: A Survey Study on MNCs. 2019, doi:10.2139/ssrn.3469663.","apa":"Hoppe, T., Schanz, D., Sturm, S., & Sureth-Sloane, C. (2019). Measuring Tax Complexity Across Countries: A Survey Study on MNCs. https://doi.org/10.2139/ssrn.3469663","ama":"Hoppe T, Schanz D, Sturm S, Sureth-Sloane C. Measuring Tax Complexity Across Countries: A Survey Study on MNCs.; 2019. doi:10.2139/ssrn.3469663","chicago":"Hoppe, Thomas, Debora Schanz, Susann Sturm, and Caren Sureth-Sloane. Measuring Tax Complexity Across Countries: A Survey Study on MNCs. TAF Working Paper, 2019. https://doi.org/10.2139/ssrn.3469663.","ieee":"T. Hoppe, D. Schanz, S. Sturm, and C. Sureth-Sloane, Measuring Tax Complexity Across Countries: A Survey Study on MNCs. 2019.","short":"T. Hoppe, D. Schanz, S. Sturm, C. Sureth-Sloane, Measuring Tax Complexity Across Countries: A Survey Study on MNCs, 2019."},"year":"2019","language":[{"iso":"eng"}]},{"date_updated":"2022-01-06T06:51:17Z","_id":"12077","language":[{"iso":"ger"}],"citation":{"ieee":"T. Hoppe, M. Rechbauer, and S. Sturm, Steuerkomplexität im Vergleich zwischen Deutschland und Österreich – Eine Analyse des Status quo. .","short":"T. Hoppe, M. Rechbauer, S. Sturm, Steuerkomplexität im Vergleich zwischen Deutschland und Österreich – Eine Analyse des Status quo, n.d.","bibtex":"@book{Hoppe_Rechbauer_Sturm, title={Steuerkomplexität im Vergleich zwischen Deutschland und Österreich – Eine Analyse des Status quo}, author={Hoppe, Thomas and Rechbauer, Martina and Sturm, Susann} }","mla":"Hoppe, Thomas, et al. Steuerkomplexität im Vergleich zwischen Deutschland und Österreich – Eine Analyse des Status quo.","chicago":"Hoppe, Thomas, Martina Rechbauer, and Susann Sturm. Steuerkomplexität im Vergleich zwischen Deutschland und Österreich – Eine Analyse des Status quo, n.d.","ama":"Hoppe T, Rechbauer M, Sturm S. Steuerkomplexität im Vergleich zwischen Deutschland und Österreich – Eine Analyse des Status quo.","apa":"Hoppe, T., Rechbauer, M., & Sturm, S. (n.d.). Steuerkomplexität im Vergleich zwischen Deutschland und Österreich – Eine Analyse des Status quo."},"type":"working_paper","year":"2019","user_id":"68607","title":"Steuerkomplexität im Vergleich zwischen Deutschland und Österreich – Eine Analyse des Status quo","ddc":["330"],"abstract":[{"lang":"ger","text":"Die Komplexität von Steuersystemen gewinnt in der Debatte um den internationalen Steuerwettbewerb zunehmend an Bedeutung. Im vorliegenden Beitrag erfolgt, basierend auf den Daten, die dem Tax Complexity Index (www.taxcomplexity.org) zugrunde liegen, eine umfassende Gegenüberstellung der Komplexität der Steuersysteme von Deutschland und Öster-reich unter Berücksichtigung der Mittelwerte aller Länder. Die Steuergesetze weisen sowohl in Deutschland als auch in Österreich einen verhältnismäßig hohen Grad an Komplexität auf. Bei den steuerlichen Rahmenbedingungen fällt der Grad an Komplexität in beiden Ländern dagegen niedrig aus, wobei Österreich im Durchschnitt weniger komplex ist als Deutschland."}],"has_accepted_license":"1","status":"public","project":[{"name":"Der Einfluss von steuerlicher Regulierung auf multinationale Unternehmen","grant_number":"P01","_id":"37"}],"date_created":"2019-07-18T22:07:02Z","publication_status":"submitted","file":[{"access_level":"closed","date_created":"2019-07-18T22:05:23Z","file_name":"Hoppe Rechbauer Sturm 2019.pdf","success":1,"relation":"main_file","date_updated":"2019-07-18T22:05:23Z","content_type":"application/pdf","creator":"hoppet","file_id":"12078","file_size":679552}],"author":[{"last_name":"Hoppe","id":"22671","first_name":"Thomas","full_name":"Hoppe, Thomas"},{"first_name":"Martina","full_name":"Rechbauer, Martina","last_name":"Rechbauer"},{"last_name":"Sturm","first_name":"Susann","full_name":"Sturm, Susann"}],"department":[{"_id":"187"}],"file_date_updated":"2019-07-18T22:05:23Z"},{"language":[{"iso":"ger"}],"page":"397-412","citation":{"mla":"Hoppe, Thomas, et al. “Steuerkomplexität im Vergleich zwischen Deutschland und Österreich - Eine Analyse des Status quo.” Steuer und Wirtschaft, vol. 96, no. 4, 2019, pp. 397–412.","bibtex":"@article{Hoppe_Rechbauer_Sturm_2019, title={Steuerkomplexität im Vergleich zwischen Deutschland und Österreich - Eine Analyse des Status quo}, volume={96}, number={4}, journal={Steuer und Wirtschaft}, author={Hoppe, Thomas and Rechbauer, Martina and Sturm, Susann}, year={2019}, pages={397–412} }","chicago":"Hoppe, Thomas, Martina Rechbauer, and Susann Sturm. “Steuerkomplexität im Vergleich zwischen Deutschland und Österreich - Eine Analyse des Status quo.” Steuer und Wirtschaft 96, no. 4 (2019): 397–412.","ama":"Hoppe T, Rechbauer M, Sturm S. Steuerkomplexität im Vergleich zwischen Deutschland und Österreich - Eine Analyse des Status quo. Steuer und Wirtschaft. 2019;96(4):397-412.","apa":"Hoppe, T., Rechbauer, M., & Sturm, S. (2019). Steuerkomplexität im Vergleich zwischen Deutschland und Österreich - Eine Analyse des Status quo. Steuer und Wirtschaft, 96(4), 397–412.","ieee":"T. Hoppe, M. Rechbauer, and S. Sturm, “Steuerkomplexität im Vergleich zwischen Deutschland und Österreich - Eine Analyse des Status quo,” Steuer und Wirtschaft, vol. 96, no. 4, pp. 397–412, 2019.","short":"T. Hoppe, M. Rechbauer, S. Sturm, Steuer und Wirtschaft 96 (2019) 397–412."},"year":"2019","type":"journal_article","date_updated":"2022-01-06T06:52:10Z","_id":"14904","intvolume":" 96","issue":"4","department":[{"_id":"187"}],"publication":"Steuer und Wirtschaft","author":[{"id":"22671","last_name":"Hoppe","full_name":"Hoppe, Thomas","first_name":"Thomas"},{"last_name":"Rechbauer","first_name":"Martina","full_name":"Rechbauer, Martina"},{"full_name":"Sturm, Susann","first_name":"Susann","last_name":"Sturm"}],"quality_controlled":"1","date_created":"2019-11-13T08:28:38Z","status":"public","publication_status":"published","volume":96,"abstract":[{"lang":"ger","text":"Die Komplexität von Steuersystemen gewinnt in der Debatte um den internationalen Steuerwettbewerb zunehmend an Bedeutung. Im vorliegenden Beitrag erfolgt, basierend auf den Befragungsdaten, die dem Tax Complexity Index von Hoppe et al. (2019) zugrunde liegen, eine umfassende Gegenüberstellung der Komplexität der Steuersysteme von Deutschland und Österreich unter Berücksichtigung der Mittelwerte aller vom Index abgedeckten Länder. Die Steuergesetze weisen sowohl in Deutschland als auch in Österreich einen verhältnismäßig hohen Grad an Komplexität auf. Bei den steuerlichen Rahmenbedingungen fällt der Grad an Komplexität in beiden Ländern dagegen niedrig\r\naus, wobei Österreich im Durchschnitt weniger komplex ist als Deutschland."},{"lang":"eng","text":"The complexity of tax systems is becoming increasingly important in the debate on international tax competition. Based on the underlying survey data of the Tax Complexity Index of Hoppe et al. (2019), this article provides a comprehensive comparison of the complexity of Germany’s and Austria’s tax systems while also taking the mean values of all countries covered by the index into account. In both Germany and Austria, the tax code is characterized by a relatively high degree of complexity. In contrast, the tax framework has a low level of complexity in both countries, with Austria being on average less complex than Germany."}],"user_id":"68607","title":"Steuerkomplexität im Vergleich zwischen Deutschland und Österreich - Eine Analyse des Status quo"},{"file":[{"content_type":"application/pdf","date_updated":"2019-11-13T08:38:31Z","relation":"main_file","success":1,"file_size":1187488,"file_id":"14912","creator":"hoppet","access_level":"closed","date_created":"2019-11-13T08:38:31Z","file_name":"SSRN-id3469663.pdf"}],"author":[{"first_name":"Thomas","full_name":"Hoppe, Thomas","last_name":"Hoppe","id":"22671"},{"last_name":"Schanz","full_name":"Schanz, Deborah","first_name":"Deborah"},{"last_name":"Sturm","full_name":"Sturm, Susann","first_name":"Susann"},{"first_name":"Caren","full_name":"Sureth-Sloane, Caren","last_name":"Sureth-Sloane","id":"530"}],"keyword":["Tax Complexity","Tax Index","Tax System","Multinational Corporations","Tax Consultants"],"file_date_updated":"2019-11-13T08:38:31Z","has_accepted_license":"1","status":"public","date_created":"2019-11-13T08:35:50Z","jel":["H20","H25","C83","O57"],"abstract":[{"text":"This paper introduces an index that captures the complexity of countries’ corporate income tax systems faced by multinational corporations. It is based on surveys of highly experienced tax consultants of the largest international tax services networks. The index, called the Tax Complexity Index (TCI), is composed of a tax code subindex covering tax regulations and a tax framework subindex covering tax processes and features. For a sample of 100 countries for the year 2016, we find that the level of tax complexity varies considerably across countries, while tax code and framework complexity also vary within countries. From a global perspective, tax complexity is strongly driven by the complexity of both transfer pricing regulations in the tax code and tax audits in the tax framework. When analyzing the associations with other country characteristics, we identify different correlation patterns. For example, tax framework complexity is negatively associated with countries’ governance, suggesting that strongly governed countries tend to have less complex tax frameworks, while tax code complexity is positively associated with the statutory tax rate, indicating that high tax countries tend to have more complex tax codes. However, none of the observed associations are very strong. We conclude that tax complexity represents a distinct country characteristic and propose the use of our TCI and its subindices in future research.","lang":"eng"}],"user_id":"61801","ddc":["330"],"main_file_link":[{"url":"https://ssrn.com/abstract=3469663"}],"citation":{"chicago":"Hoppe, Thomas, Deborah Schanz, Susann Sturm, and Caren Sureth-Sloane. Measuring Tax Complexity Across Countries: A Survey Study on MNCs, 2019. https://doi.org/10.2139/ssrn.3469663.","apa":"Hoppe, T., Schanz, D., Sturm, S., & Sureth-Sloane, C. (2019). Measuring Tax Complexity Across Countries: A Survey Study on MNCs. https://doi.org/10.2139/ssrn.3469663","ama":"Hoppe T, Schanz D, Sturm S, Sureth-Sloane C. Measuring Tax Complexity Across Countries: A Survey Study on MNCs.; 2019. doi:10.2139/ssrn.3469663","mla":"Hoppe, Thomas, et al. Measuring Tax Complexity Across Countries: A Survey Study on MNCs. 2019, doi:10.2139/ssrn.3469663.","bibtex":"@book{Hoppe_Schanz_Sturm_Sureth-Sloane_2019, title={Measuring Tax Complexity Across Countries: A Survey Study on MNCs}, DOI={10.2139/ssrn.3469663}, author={Hoppe, Thomas and Schanz, Deborah and Sturm, Susann and Sureth-Sloane, Caren}, year={2019} }","short":"T. Hoppe, D. Schanz, S. Sturm, C. Sureth-Sloane, Measuring Tax Complexity Across Countries: A Survey Study on MNCs, 2019.","ieee":"T. Hoppe, D. Schanz, S. Sturm, and C. Sureth-Sloane, Measuring Tax Complexity Across Countries: A Survey Study on MNCs. 2019."},"year":"2019","type":"working_paper","_id":"14909","department":[{"_id":"187"},{"_id":"635"}],"title":"Measuring Tax Complexity Across Countries: A Survey Study on MNCs","language":[{"iso":"eng"}],"date_updated":"2022-01-06T06:52:11Z","doi":"10.2139/ssrn.3469663"},{"language":[{"iso":"eng"}],"date_updated":"2022-01-06T06:59:54Z","department":[{"_id":"187"},{"_id":"635"}],"publication_identifier":{"issn":["\t0165-2826"]},"publication_status":"published","project":[{"_id":"37","grant_number":"P01","name":"Der Einfluss von steuerlicher Regulierung auf multinationale Unternehmen"}],"title":"What are the Drivers of Tax Complexity for MNCs? Global Evidence","page":"654-675","type":"journal_article","year":"2018","citation":{"ieee":"T. Hoppe, D. Schanz, S. Sturm, and C. Sureth-Sloane, “What are the Drivers of Tax Complexity for MNCs? Global Evidence,” Intertax, vol. 46, no. 8/9, pp. 654–675, 2018.","short":"T. Hoppe, D. Schanz, S. Sturm, C. Sureth-Sloane, Intertax 46 (2018) 654–675.","mla":"Hoppe, Thomas, et al. “What Are the Drivers of Tax Complexity for MNCs? Global Evidence.” Intertax, vol. 46, no. 8/9, Kluwer Law International, 2018, pp. 654–75.","bibtex":"@article{Hoppe_Schanz_Sturm_Sureth-Sloane_2018, title={What are the Drivers of Tax Complexity for MNCs? Global Evidence}, volume={46}, number={8/9}, journal={Intertax}, publisher={Kluwer Law International}, author={Hoppe, Thomas and Schanz, Deborah and Sturm, Susann and Sureth-Sloane, Caren}, year={2018}, pages={654–675} }","chicago":"Hoppe, Thomas, Deborah Schanz, Susann Sturm, and Caren Sureth-Sloane. “What Are the Drivers of Tax Complexity for MNCs? Global Evidence.” Intertax 46, no. 8/9 (2018): 654–75.","apa":"Hoppe, T., Schanz, D., Sturm, S., & Sureth-Sloane, C. (2018). What are the Drivers of Tax Complexity for MNCs? Global Evidence. Intertax, 46(8/9), 654–675.","ama":"Hoppe T, Schanz D, Sturm S, Sureth-Sloane C. What are the Drivers of Tax Complexity for MNCs? Global Evidence. Intertax. 2018;46(8/9):654-675."},"intvolume":" 46","_id":"3902","issue":"8/9","file_date_updated":"2019-03-02T12:25:33Z","publication":"Intertax","quality_controlled":"1","author":[{"last_name":"Hoppe","id":"22671","first_name":"Thomas","full_name":"Hoppe, Thomas"},{"first_name":"Deborah","full_name":"Schanz, Deborah","last_name":"Schanz"},{"last_name":"Sturm","full_name":"Sturm, Susann","first_name":"Susann"},{"first_name":"Caren","full_name":"Sureth-Sloane, Caren","last_name":"Sureth-Sloane","id":"530"}],"publisher":"Kluwer Law International","file":[{"relation":"main_file","success":1,"date_updated":"2019-03-02T12:25:33Z","content_type":"application/pdf","creator":"hoppet","file_id":"8182","file_size":4660077,"access_level":"closed","file_name":"Hoppe et al. 2018.pdf","date_created":"2019-03-02T12:25:33Z"}],"volume":46,"date_created":"2018-08-13T11:38:40Z","status":"public","has_accepted_license":"1","abstract":[{"lang":"eng","text":"All over the world, firms and governments are increasingly concerned about the rise in tax complexity. To manage it and develop effective simplification measures, detailed information on the current drivers of complexity is required. However, research on this topic is scarce. This is surprising as the latest developments-for example, those triggered by the BEPS project-have given rise to the conjecture that complexity drivers may have changed, thus questioning the findings of prior studies. In this article, we shed light on this issue and provide a global picture of the current drivers of tax complexity that multinational corporations face based on a survey of 221 highly experienced tax consultants from 108 countries. Our results show that prior complexity drivers of the tax code are still important, with details and changes of tax regulations being the two most important complexity drivers. We also find evidence for new important complexity drivers emerging from different areas of the tax framework, such as inconsistent decisions among tax officers (tax audits) or retroactively applied tax law amendments (tax enactment). Based on the tax consultants' responses, we develop a concept of tax complexity that is characterized by two pillars, tax code and tax framework complexity and illustrates the various aspects that should be considered when assessing the complexity of a country's tax system."}],"article_type":"original","ddc":["330"],"user_id":"68607"},{"date_created":"2020-07-31T11:26:49Z","status":"public","department":[{"_id":"635"}],"publication":"Intertax","author":[{"id":"22671","last_name":"Hoppe","full_name":"Hoppe, Thomas","first_name":"Thomas"},{"first_name":"Susann","full_name":"Sturm, Susann","last_name":"Sturm"},{"first_name":"Caren","full_name":"Sureth-Sloane, Caren","last_name":"Sureth-Sloane"}],"user_id":"61801","title":"What are the Drivers of Tax Complexity for MNCs? Global Evidence","language":[{"iso":"eng"}],"year":"2018","citation":{"short":"T. Hoppe, S. Sturm, C. Sureth-Sloane, Intertax (2018).","ieee":"T. Hoppe, S. Sturm, and C. Sureth-Sloane, “What are the Drivers of Tax Complexity for MNCs? Global Evidence,” Intertax, 2018.","chicago":"Hoppe, Thomas, Susann Sturm, and Caren Sureth-Sloane. “What Are the Drivers of Tax Complexity for MNCs? Global Evidence.” Intertax, 2018. https://doi.org/10.2139/ssrn.3469663.","ama":"Hoppe T, Sturm S, Sureth-Sloane C. What are the Drivers of Tax Complexity for MNCs? Global Evidence. Intertax. 2018. doi:10.2139/ssrn.3469663","apa":"Hoppe, T., Sturm, S., & Sureth-Sloane, C. (2018). What are the Drivers of Tax Complexity for MNCs? Global Evidence. Intertax. https://doi.org/10.2139/ssrn.3469663","mla":"Hoppe, Thomas, et al. “What Are the Drivers of Tax Complexity for MNCs? Global Evidence.” Intertax, 2018, doi:10.2139/ssrn.3469663.","bibtex":"@article{Hoppe_Sturm_Sureth-Sloane_2018, title={What are the Drivers of Tax Complexity for MNCs? Global Evidence}, DOI={10.2139/ssrn.3469663}, journal={Intertax}, author={Hoppe, Thomas and Sturm, Susann and Sureth-Sloane, Caren}, year={2018} }"},"type":"journal_article","doi":"10.2139/ssrn.3469663","_id":"17518","date_updated":"2022-01-06T06:53:14Z"},{"user_id":"68607","abstract":[{"lang":"ger","text":"Die Komplexität des Steuersystems stellt auch in Deutschland ein großes Problem dar. Entgegen bisherigen Betrachtungen weist die vorliegende Befragungsstudie darauf hin, dass die Treiber für steuerliche Komplexität deutlich vielfältiger und nicht nur im Gesetz, sondern auch in den steuerlichen Rahmenbedingungen zu verorten sind. Einerseits tragen übermäßig viele Details und häufige oder umfangreiche Änderungen in erheblichem Maße dazu bei, dass Regelungen – wie solche zu Verrechnungspreisen – als komplex beurteilt werden. Andererseits erweisen sich auch inkonsistente Entscheidungen im Rahmen von Betriebsprüfungen und mangelhafte Gesetzesentwürfe als wesentliche Komplexitätstreiber. Statt einer permanenten Ausweitung von Regulierung sollte künftig der Abbau der im Beitrag identifizierten Probleme gezielt in den Fokus von Wissenschaft, Politik und Praxis rücken."}],"article_type":"original","volume":70,"date_created":"2018-04-06T07:27:32Z","status":"public","publication":"Die Wirtschaftsprüfung","keyword":["Steuersystem","Komplexität","Steuergesetz","Steuerliche Rahmenbedingungen","BEPS"],"author":[{"full_name":"Hoppe, Thomas","first_name":"Thomas","id":"22671","last_name":"Hoppe"},{"first_name":"Deborah","full_name":"Schanz, Deborah","last_name":"Schanz"},{"last_name":"Sturm","full_name":"Sturm, Susann","first_name":"Susann"},{"full_name":"Sureth-Sloane, Caren","first_name":"Caren","id":"530","last_name":"Sureth-Sloane"}],"publisher":"IDW","issue":"17","_id":"2241","intvolume":" 70","page":"1026-1033","citation":{"ieee":"T. Hoppe, D. Schanz, S. Sturm, and C. Sureth-Sloane, “Warum ist unser Steuersystem so komplex? Eine befragungsbasierte Analyse,” Die Wirtschaftsprüfung, vol. 70, no. 17, pp. 1026–1033, 2017.","short":"T. Hoppe, D. Schanz, S. Sturm, C. Sureth-Sloane, Die Wirtschaftsprüfung 70 (2017) 1026–1033.","mla":"Hoppe, Thomas, et al. “Warum ist unser Steuersystem so komplex? Eine befragungsbasierte Analyse.” Die Wirtschaftsprüfung, vol. 70, no. 17, IDW, 2017, pp. 1026–33.","bibtex":"@article{Hoppe_Schanz_Sturm_Sureth-Sloane_2017, title={Warum ist unser Steuersystem so komplex? Eine befragungsbasierte Analyse}, volume={70}, number={17}, journal={Die Wirtschaftsprüfung}, publisher={IDW}, author={Hoppe, Thomas and Schanz, Deborah and Sturm, Susann and Sureth-Sloane, Caren}, year={2017}, pages={1026–1033} }","ama":"Hoppe T, Schanz D, Sturm S, Sureth-Sloane C. Warum ist unser Steuersystem so komplex? Eine befragungsbasierte Analyse. Die Wirtschaftsprüfung. 2017;70(17):1026-1033.","apa":"Hoppe, T., Schanz, D., Sturm, S., & Sureth-Sloane, C. (2017). Warum ist unser Steuersystem so komplex? Eine befragungsbasierte Analyse. Die Wirtschaftsprüfung, 70(17), 1026–1033.","chicago":"Hoppe, Thomas, Deborah Schanz, Susann Sturm, and Caren Sureth-Sloane. “Warum ist unser Steuersystem so komplex? Eine befragungsbasierte Analyse.” Die Wirtschaftsprüfung 70, no. 17 (2017): 1026–33."},"year":"2017","type":"journal_article","title":"Warum ist unser Steuersystem so komplex? Eine befragungsbasierte Analyse","publication_status":"published","project":[{"_id":"37","name":"Der Einfluss von steuerlicher Regulierung auf multinationale Unternehmen","grant_number":"P01"}],"department":[{"_id":"187"},{"_id":"635"}],"date_updated":"2022-01-06T06:55:32Z","language":[{"iso":"ger"}]},{"main_file_link":[{"open_access":"1","url":"www.taxcomplexity.org"}],"citation":{"short":"T. Hoppe, D. Schanz, S. Sturm, C. Sureth-Sloane, 2016 Global MNC Tax Complexity Survey - Executive Summary, 2017.","ieee":"T. Hoppe, D. Schanz, S. Sturm, and C. Sureth-Sloane, 2016 Global MNC Tax Complexity Survey - Executive Summary. 2017.","chicago":"Hoppe, Thomas, Deborah Schanz, Susann Sturm, and Caren Sureth-Sloane. 2016 Global MNC Tax Complexity Survey - Executive Summary, 2017. https://doi.org/10.13140/RG.2.2.23707.46881.","ama":"Hoppe T, Schanz D, Sturm S, Sureth-Sloane C. 2016 Global MNC Tax Complexity Survey - Executive Summary.; 2017. doi:10.13140/RG.2.2.23707.46881","apa":"Hoppe, T., Schanz, D., Sturm, S., & Sureth-Sloane, C. (2017). 2016 Global MNC Tax Complexity Survey - Executive Summary. https://doi.org/10.13140/RG.2.2.23707.46881","mla":"Hoppe, Thomas, et al. 2016 Global MNC Tax Complexity Survey - Executive Summary. 2017, doi:10.13140/RG.2.2.23707.46881.","bibtex":"@book{Hoppe_Schanz_Sturm_Sureth-Sloane_2017, title={2016 Global MNC Tax Complexity Survey - Executive Summary}, DOI={10.13140/RG.2.2.23707.46881}, author={Hoppe, Thomas and Schanz, Deborah and Sturm, Susann and Sureth-Sloane, Caren}, year={2017} }"},"type":"report","year":"2017","page":"27","_id":"2247","urn":"22477","author":[{"id":"22671","last_name":"Hoppe","full_name":"Hoppe, Thomas","first_name":"Thomas"},{"full_name":"Schanz, Deborah","first_name":"Deborah","last_name":"Schanz"},{"last_name":"Sturm","full_name":"Sturm, Susann","first_name":"Susann"},{"id":"530","last_name":"Sureth-Sloane","full_name":"Sureth-Sloane, Caren","first_name":"Caren"}],"file_date_updated":"2018-04-06T07:40:03Z","file":[{"relation":"main_file","content_type":"application/pdf","date_updated":"2018-04-06T07:40:03Z","file_id":"2248","creator":"hoppet","file_size":4020983,"access_level":"open_access","date_created":"2018-04-06T07:40:03Z","file_name":"Hoppe Schanz Sturm Sureth-Sloane 2017.pdf"}],"has_accepted_license":"1","status":"public","date_created":"2018-04-06T07:40:18Z","ddc":["330"],"user_id":"68607","language":[{"iso":"eng"}],"date_updated":"2022-01-06T06:55:33Z","doi":"10.13140/RG.2.2.23707.46881","oa":"1","department":[{"_id":"187"},{"_id":"635"}],"project":[{"grant_number":"P01","name":"Der Einfluss von steuerlicher Regulierung auf multinationale Unternehmen","_id":"37"}],"title":"2016 Global MNC Tax Complexity Survey - Executive Summary"},{"_id":"2250","main_file_link":[{"url":"https://ssrn.com/abstract=3046546","open_access":"1"}],"type":"working_paper","citation":{"ieee":"T. Hoppe, D. Schanz, S. Sturm, and C. Sureth-Sloane, What are the Drivers of Tax Complexity for Multinational Corporations? Evidence from 108 Countries. 2017.","short":"T. Hoppe, D. Schanz, S. Sturm, C. Sureth-Sloane, What Are the Drivers of Tax Complexity for Multinational Corporations? Evidence from 108 Countries, 2017.","mla":"Hoppe, Thomas, et al. What Are the Drivers of Tax Complexity for Multinational Corporations? Evidence from 108 Countries. 2017, doi:10.2139/ssrn.3046546.","bibtex":"@book{Hoppe_Schanz_Sturm_Sureth-Sloane_2017, title={What are the Drivers of Tax Complexity for Multinational Corporations? Evidence from 108 Countries}, DOI={10.2139/ssrn.3046546}, author={Hoppe, Thomas and Schanz, Deborah and Sturm, Susann and Sureth-Sloane, Caren}, year={2017} }","apa":"Hoppe, T., Schanz, D., Sturm, S., & Sureth-Sloane, C. (2017). What are the Drivers of Tax Complexity for Multinational Corporations? Evidence from 108 Countries. https://doi.org/10.2139/ssrn.3046546","ama":"Hoppe T, Schanz D, Sturm S, Sureth-Sloane C. What Are the Drivers of Tax Complexity for Multinational Corporations? Evidence from 108 Countries.; 2017. doi:10.2139/ssrn.3046546","chicago":"Hoppe, Thomas, Deborah Schanz, Susann Sturm, and Caren Sureth-Sloane. What Are the Drivers of Tax Complexity for Multinational Corporations? Evidence from 108 Countries, 2017. https://doi.org/10.2139/ssrn.3046546."},"year":"2017","page":"28","abstract":[{"text":"All over the world, firms and governments are increasingly concerned about the rise in tax complexity. To manage it and develop effective simplification measures, detailed information on the current drivers of complexity is required. However, research on this topic is scarce. This is surprising as the latest developments—for example, triggered by the BEPS project—give rise to the conjecture that complexity drivers may have changed, thus questioning the findings of prior studies. In this paper, we shed light on this issue and provide a global picture of the current drivers of tax complexity that multinational corporations face based on a survey of 221 highly experienced tax practitioners from 108 countries. Our results show that prior complexity drivers of the tax code are still relevant, with details and changes of tax regulations being the two most influential complexity drivers. We also find evidence for new relevant complexity drivers emerging from different areas of the tax framework, such as inconsistent decisions among tax officers (tax audits) or retroactively applied tax law amendments (tax enactment). Based on the responses of the practitioners, we develop a concept of tax complexity that distinguishes two pillars, tax code and tax framework complexity, and illustrates the various aspects that should be considered when assessing the complexity of a country’s tax system.","lang":"eng"}],"ddc":["330"],"user_id":"68607","author":[{"id":"22671","last_name":"Hoppe","full_name":"Hoppe, Thomas","first_name":"Thomas"},{"first_name":"Deborah","full_name":"Schanz, Deborah","last_name":"Schanz"},{"last_name":"Sturm","first_name":"Susann","full_name":"Sturm, Susann"},{"first_name":"Caren","full_name":"Sureth-Sloane, Caren","last_name":"Sureth-Sloane","id":"530"}],"file_date_updated":"2018-04-06T07:48:31Z","keyword":["Complexity Drivers","International Comparison","Survey","Tax Complexity","Tax Practitioners"],"file":[{"date_created":"2018-04-06T07:48:31Z","file_name":"Hoppe Schanz Sturm Sureth-Sloane 2017.pdf","access_level":"closed","file_id":"2253","creator":"hoppet","file_size":1077359,"success":1,"relation":"main_file","content_type":"application/pdf","date_updated":"2018-04-06T07:48:31Z"}],"jel":["H20","H25","C83","O57"],"status":"public","has_accepted_license":"1","date_created":"2018-04-06T07:44:59Z","date_updated":"2022-01-06T06:55:34Z","doi":"10.2139/ssrn.3046546","oa":"1","language":[{"iso":"eng"}],"title":"What are the Drivers of Tax Complexity for Multinational Corporations? Evidence from 108 Countries","department":[{"_id":"187"},{"_id":"635"}],"publication_identifier":{"issn":["1556-5068"]},"project":[{"name":"Der Einfluss von steuerlicher Regulierung auf multinationale Unternehmen","grant_number":"P01","_id":"37"}]},{"main_file_link":[{"open_access":"1","url":"http://www.readcube.com/articles/10.1007/s41471-016-0005-x?author_access_token=L8vhVZMucjlu5odLLLHaG_e4RwlQNchNByi7wbcMAY5B6ptZT4XXH6IBMbZTagA_06jUOTCNV-Pbh1ByfL_RaVCn-T_JbY5z17HM1rzPS9lXyW_vKKYXJAuZZglAbTRQbk33DRwc7ZJZc9Cl6TcFuA%3D%3D"}],"year":"2016","type":"journal_article","citation":{"bibtex":"@article{Hoppe_Maiterth_Sureth-Sloane_2016, title={Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse}, volume={68}, DOI={10.1007/s41471-016-0005-x}, number={1}, journal={Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung}, publisher={Springer Nature}, author={Hoppe, Thomas and Maiterth, Ralf and Sureth-Sloane, Caren}, year={2016}, pages={3–45} }","mla":"Hoppe, Thomas, et al. “Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse.” Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung, vol. 68, no. 1, Springer Nature, 2016, pp. 3–45, doi:10.1007/s41471-016-0005-x.","apa":"Hoppe, T., Maiterth, R., & Sureth-Sloane, C. (2016). Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse. Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung, 68(1), 3–45. https://doi.org/10.1007/s41471-016-0005-x","ama":"Hoppe T, Maiterth R, Sureth-Sloane C. Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse. Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung. 2016;68(1):3-45. doi:10.1007/s41471-016-0005-x","chicago":"Hoppe, Thomas, Ralf Maiterth, and Caren Sureth-Sloane. “Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse.” Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung 68, no. 1 (2016): 3–45. https://doi.org/10.1007/s41471-016-0005-x.","ieee":"T. Hoppe, R. Maiterth, and C. Sureth-Sloane, “Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse,” Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung, vol. 68, no. 1, pp. 3–45, 2016.","short":"T. Hoppe, R. Maiterth, C. Sureth-Sloane, Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung 68 (2016) 3–45."},"page":"3-45","_id":"1771","intvolume":" 68","issue":"1","author":[{"first_name":"Thomas","full_name":"Hoppe, Thomas","last_name":"Hoppe","id":"22671"},{"full_name":"Maiterth, Ralf","first_name":"Ralf","last_name":"Maiterth"},{"full_name":"Sureth-Sloane, Caren","first_name":"Caren","id":"530","last_name":"Sureth-Sloane"}],"publisher":"Springer Nature","quality_controlled":"1","keyword":["Steuerbelastung","Substanzbesteuerung","Ungleiche Vermögensverteilung","Veranlagungssimulation","Vermögensteuer"],"publication":"Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung","jel":["H21","H24","H25","C54"],"volume":68,"status":"public","date_created":"2018-03-23T14:04:24Z","article_type":"original","abstract":[{"text":"Die (Wieder-)Einführung einer Vermögensteuer ist in den vergangenen Jahren erneut in den Fokus der politischen Diskussion gerückt. Der vorliegende Beitrag vermittelt einen Eindruck von den Belastungswirkungen, die aus der Umsetzung von aktuell vorliegenden Besteuerungskonzepten resultieren würden. Auf der Basis von realen Jahresabschlussdaten wird eine mehrperiodige Veranlagungssimulation durchgeführt, die insbesondere ermöglicht, den zu erwartenden Eigenkapitalverzehr sowie den Anstieg der Steuerbelastung für die betrachtete Stichprobe zu quantifizieren. Von besonderem Interesse sind hierbei Unternehmen, deren laufende Erträge nicht ausreichen, um die Belastungen durch die Vermögensteuer zu tragen und damit einem Substanzverzehr ausgesetzt sind. Es zeigt sich, dass etwa die Hälfte der Unternehmen im Untersuchungszeitraum von sechs Jahren in mindestens einem Jahr einen Substanzverzehr erfährt. Der Vermögensteuer kommt somit keinesfalls der vielfach postulierte Charakter einer eher mäßig belastenden und im Wesentlichen substanzverschonenden Steuer zu. Zusatzbelastungen von knapp 100 bis zu 300 % der Ertragsteuerlast sind keine Seltenheit und veranschaulichen das Gefährdungspotenzial dieser Steuer für den Wirtschaftsstandort Deutschland.","lang":"ger"},{"text":"The (re-)introduction of a wealth tax has again become the subject of political debate in recent years. This paper analyzes the impact of implementing the concepts under discussion on the overall tax burden and on companies’ equity. Simulating a tax assessment based on real annual financial statement data from German listed firms in a multi-period setting, we quantify the expected equity erosion as well as the increase in the tax burden for the companies in our sample that is induced by wealth taxation at the corporate and shareholder level. Special attention is given to companies whose current yield is very low and thus would have to take additional loans or liquidate assets to settle their wealth tax bill. Our findings indicate that around half of the companies would suffer from wealth tax-induced asset erosion in at least one year within the six-year period under review. In contrast to the usually postulated moderate effects of a wealth tax on firms, we find evidence that the additional burden arising from wealth taxation could realistically range from nearly 100 to 300 % of the profit tax burden, highlighting the magnitude of risk associated with wealth taxation for Germany as a business location.","lang":"eng"}],"user_id":"61801","language":[{"iso":"ger"}],"date_updated":"2022-01-06T06:53:17Z","doi":"10.1007/s41471-016-0005-x","oa":"1","department":[{"_id":"187"},{"_id":"635"}],"publication_identifier":{"issn":["0341-2687","2366-6153"]},"publication_status":"published","title":"Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse"},{"user_id":"61801","ddc":["330"],"abstract":[{"text":"Die (Wieder-)Einführung einer Vermögensteuer ist in den vergangenen Jahren erneut in den Fokus der politischen Diskussion gerückt. Der vorliegende Beitrag vermittelt einen Eindruck von den Belastungswirkungen, die aus der Umsetzung von aktuell vorliegenden Besteuerungskonzepten resultieren würden. Auf der Basis von realen Jahresabschlussdaten wird eine mehrperiodige Veranlagungssimulation durchgeführt, die insbesondere ermöglicht, den zu erwartenden Eigenkapitalverzehr sowie den Anstieg der Steuerbelastung für die betrachtete Unternehmensgruppe zu quantifizieren. Von besonderem Interesse sind hierbei Unternehmen deren laufende Erträge nicht ausreichen, um die Belastungen durch die Vermögensteuer zu tragen und damit einem Substanzverzehr ausgesetzt sind. Es zeigt sich, dass etwa die Hälfte der Unternehmen im Untersuchungszeitraum von sechs Jahren in mindestens einem Jahr einen Substanzverzehr erfährt. Der Vermögensteuer kommt somit keinesfalls der vielfach postulierte Charakter einer eher mäßig belastenden und im Wesentlichen substanzverschonenden Steuer zu. Zusatzbelastungen von knapp 100 bis zu 300% der Ertragsteuerlast sind keine Seltenheit und veranschaulichen das Gefährdungspotenzial dieser Steuer für den Wirtschaftsstandort Deutschland.","lang":"ger"},{"text":"The (re-)introduction of a wealth tax has become a focal point of interest as a result of last years’ political discussions. We analyze the impact of implementing currently discussed wealth tax concepts on the overall tax burden and companies’ equity. Simulating a tax assessment based on real annual financial statement data from German listed firms in a multi-period setting, we quantify the expected equity erosion as well as the increase in tax burden of these companies that is induced by wealth taxation at the corporate and shareholder level. Special attention is given to companies whose current yield is very low and thus have to take additional loans or liquidate assets to settle their wealth tax bill. Our findings indicate that about half of the companies suffer at least in one year from wealth tax-induced asset erosion within the six-year period under review. In contrast to the usually postulated moderate effects of a wealth tax on firms, our results indicate that the additional burden arising from wealth taxation can range from nearly 100% to 300% of the profit tax burden, highlighting the magnitude of the risk from wealth taxation for Germany as a location for business.","lang":"eng"}],"date_created":"2018-04-06T07:51:21Z","status":"public","has_accepted_license":"1","jel":["H21","H24","H25","C54"],"alternative_title":["Wealth Tax and its Implications for Germany as a Location for Business - An Economic Analysis"],"file":[{"file_name":"Hoppe Maiterth Sureth-Sloane 2015.pdf","date_created":"2018-04-06T07:53:46Z","access_level":"closed","file_id":"2255","creator":"hoppet","file_size":1077359,"success":1,"relation":"main_file","date_updated":"2018-04-06T07:53:46Z","content_type":"application/pdf"}],"keyword":["Steuerbelastung","Substanzbesteuerung","ungleiche Vermögensverteilung","Veranlagungssimulation","Vermögensteuer"],"file_date_updated":"2018-04-06T07:53:46Z","author":[{"full_name":"Hoppe, Thomas","first_name":"Thomas","id":"22671","last_name":"Hoppe"},{"last_name":"Maiterth","first_name":"Ralf","full_name":"Maiterth, Ralf"},{"full_name":"Sureth-Sloane, Caren","first_name":"Caren","id":"530","last_name":"Sureth-Sloane"}],"_id":"2254","page":"45","citation":{"apa":"Hoppe, T., Maiterth, R., & Sureth-Sloane, C. (2015). Vermögensteuer und Ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse. https://doi.org/10.2139/ssrn.2548398","ama":"Hoppe T, Maiterth R, Sureth-Sloane C. Vermögensteuer und Ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse.; 2015. doi:10.2139/ssrn.2548398","chicago":"Hoppe, Thomas, Ralf Maiterth, and Caren Sureth-Sloane. Vermögensteuer und Ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse, 2015. https://doi.org/10.2139/ssrn.2548398.","mla":"Hoppe, Thomas, et al. Vermögensteuer und Ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse. 2015, doi:10.2139/ssrn.2548398.","bibtex":"@book{Hoppe_Maiterth_Sureth-Sloane_2015, title={Vermögensteuer und Ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse}, DOI={10.2139/ssrn.2548398}, author={Hoppe, Thomas and Maiterth, Ralf and Sureth-Sloane, Caren}, year={2015} }","short":"T. Hoppe, R. Maiterth, C. Sureth-Sloane, Vermögensteuer und Ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse, 2015.","ieee":"T. Hoppe, R. Maiterth, and C. 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