Public Finance and Tax Law

The research of the Max Planck  Institute for Tax Law and Public Finance in Munich is concerned with the legal framework for nationally and internationally active companies provided by the different fields of private and tax law. This legal framework does not only shape these companies’ structure but also has an important influence on business decisions in general. Important elements of this research perspective are corporate law, providing for different legal forms, accounting, and capital market law, imposing various obligations on the companies in order to protect investors and the functioning of financial markets. These elements are complemented by tax law, which forces firms to contribute to the national budget.