Reform Der Steuerlichen Gewinnermittlung Durch ÜBergang Zur Einnahmen-ÜBerschuss-Rechnung - Wer Gewinnt Wer Verliert? (Economic Effects of Changing the German Tax Accounting Rules to the Income Surplus Calculation)

Arqus Quantitative Tax Research Discussion Paper No. 5

27 Pages Posted: 1 Aug 2006

See all articles by Deborah Schanz

Deborah Schanz

Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management)

Date Written: August 2005

Abstract

Since 2005, European companies have to draw up their consolidated financial statements in accordance with the international accounting standards IAS/IFRS. Due to the German authoritative principle, this might also affect tax accounts. Therefore, several scenarios concerning the development of the tax base in Germany are discussed. One of those addresses the income surplus calculation, the so-called „Einnahmen-Überschuss-Rechnung", where the tax base is calculated close to cash basis accounting. This paper analyzes the economic effects of this change in tax accounting rules. The analysis is based on a business model simulation applying empirical data from different industries. Stochastic enterprize developments are illustrated using a Monte Carlo simulation. The model shows, that the income surplus calculation leads to substantial shifts of the tax burden in virtually all industries. If companies benefit from the changes of tax accounting rules depends on their legal structure and their sector.

Note: Downloadable document is in German.

JEL Classification: H25, G31, M41

Suggested Citation

Schanz, Deborah, Reform Der Steuerlichen Gewinnermittlung Durch ÜBergang Zur Einnahmen-ÜBerschuss-Rechnung - Wer Gewinnt Wer Verliert? (Economic Effects of Changing the German Tax Accounting Rules to the Income Surplus Calculation) (August 2005). Arqus Quantitative Tax Research Discussion Paper No. 5, Available at SSRN: https://ssrn.com/abstract=905767 or http://dx.doi.org/10.2139/ssrn.905767

Deborah Schanz (Contact Author)

Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management) ( email )

Ludwigstr. 28 RG IV
Munich, Bavaria 80539
Germany
+49 (0) 89 / 2180 - 3681 (Phone)
+49 (0) 89 / 2180 - 3874 (Fax)

HOME PAGE: http://www.en.steuern.bwl.uni-muenchen.de/index.html

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