Project Type
Preproposal PhD-Thesis

Description
Aim:
It is the aim of the research project to compare and analyse existing systems on the taxation of capital income and selected financial instruments in Europe. Especially the influence of taxation on the capital allocation of different investors and the choice of investments (kind and location of the investments) with respect to specific tax drivers shall be observed an evaluated. Additionally, the dissertation ought to explore the interaction between national tax laws, international tax treaties and multilateral aspects by means of how big their influence is on the benefits of investment alternatives, so that tax location factors for international financial centres can be identified and concrete tax strategies for jurisdictions can be concluded.

Approach:
First, systems of taxing several kinds of capital income and financial instruments in Europe are to be described, analysed and systematised. Subsequently, the tax drivers on different legal levels will be examined by means of aforementioned systems of taxation individually as well as interdependently in order to evaluate their effects. An analysis based on modeled investor decisions is able to identify the impact of several levels of taxation on capital income and selected financial instruments. Finally, founded on the results of the conducted research priorities in accelerating tax attractiveness of a location are to be identified from the position of a legal framework.