Wealth Tax as Alternative Minimum Tax - the Impact of a Wealth Tax on Business Structure and Strategy

  title={Wealth Tax as Alternative Minimum Tax - the Impact of a Wealth Tax on Business Structure and Strategy},
  author={Caren Sureth-Sloane and Ralf Maiterth},
  journal={Public Economics eJournal},
An alternative minimum tax (AMT) is often regarded as desirable. We analyze a wealth tax at corporate and personal level that is designed as an AMT as proposed by the German Green Party. This wealth tax is imputable to profit taxes and is hence intended to prevent multiple (multistage) taxation. Referring to data from annual reports and the German Central Bank we model enterprises of different structure, industry, size and legal status. We show that companies in the service sector which… 
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