Press releases

Munich, 2016-03-01

Higher tax rates for large family businesses

The ifo Institute, on behalf of the Foundation for Family Businesses, determined the tax contribution of family businesses for the first time. Accordingly, the 500 largest family businesses have had to pay an average of 28 percent income tax on their profit, taking only corporation tax, trade tax and capital gains tax into consideration. For non-family controlled DAX companies, a significantly lower rate of 25 percent can be assumed.