IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Finding a New Corporate Tax Base after the Abolishment of the One-Book System in EU Member States

Listed author(s):
  • Deborah Schanz
  • Sebastian Schanz
Registered author(s):

    Due to the implementation of international financial reporting standards in the European Union, member states with uniform accounting are expected to replace their current one-book system with a two-book system, which will separate tax accounting and financial accounting. This separation presents the challenge of defining a new tax base. Since a tax base is not required to provide information that helps users in economic decision making, tax accounting can be simplified compared to financial accounting. This paper discusses possible future tax bases of German companies. We develop a business model simulation based on empirical data to quantify the change in the tax burden of different industries induced by alternative tax accounting regulations. We identify a simplified tax base that avoids major shifts in the tax burden. Thus, the paper provides useful information for economists and politicians who make decisions about the new German tax accounting regulations. Moreover, this tax base and the identified drivers of sector-specific tax payments form an important basis for the discussion in other EU member states that face a comparable phase-out of one-book accounting.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Article provided by Taylor & Francis Journals in its journal European Accounting Review.

    Volume (Year): 19 (2010)
    Issue (Month): 2 ()
    Pages: 311-341

    in new window

    Handle: RePEc:taf:euract:v:19:y:2010:i:2:p:311-341
    DOI: 10.1080/09638180903384627
    Contact details of provider: Web page:

    Order Information: Web:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:taf:euract:v:19:y:2010:i:2:p:311-341. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.