KPMG Germany Webpage
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By Robert E Tromp
Part II. Taxation Of Corporations
Tax Reform 2000 is best thought of as a reform of the corporate income tax system which, in an effort to avoid an undue competitive advantage for corporations, has been extended to the personal income tax sphere by a series of adjustments. Hence, new the corporation tax system is addressed first in this article. Furthermore, it is the changes in the corporation tax area which are of primary interest to international investors, as they almost invariably operate in corporate form.
2.1 New Corporation Tax System
The new corporation tax system rests on three pillars:
