The Frankfurt Tax Policy Discussion series is organized by the Frankfurt University Chair of Public Finance of Prof. Dr. Alfons J. Weichenrieder with support from KPMG Deutsche Treuhand-Gesellschaft Aktiengesellschaft Wirtschaftprüfungsgesellschaft, Frankfurt. Its aim is to discuss conceptional problems of tax policy. Its target groups are tax politicians, consultants and other tax practitioners, economic journalists, and scholars as well as students from regional universities.