Law on the conversion of corporations

from Wikipedia, the free encyclopedia

The law on the conversion of corporations was enacted after the National Socialists came to power on April 7, 1934. In line with the National Socialist economic ideology of Reich Chancellor Adolf Hitler , the law aimed at turning away from anonymous forms of capital to the entrepreneurial responsibility. The aim was to reduce the number of corporations by converting them into the legal form of partnerships .

content

The National Socialist financial and economic policy was opposed to corporations. Companies or their shareholders should change the legal form to a partnership. For implementation and specification, after the law came into force, additional implementing ordinances (DVO) were issued on December 14, 1934, May 17, 1935 and December 2, 1936.

In order to promote the desired transformations, fiscal incentives were created for partnerships through tax relief for sales tax and trade tax. At the same time, corporate income tax for corporations was increased from 20 to 30 percent.

impact

As a result, the number of primary sank medium GmbH's 1934-1936 from 55 000 to 26 000th

Large stock corporations such as Robert Bosch GmbH also changed their legal form after the law came into force.

Dealing with the law after 1945

After the German surrender in May 1945, the law was subsequently repealed by the Control Council laws.

Publications

Karl-August Crisolli , Hans Groschuff, Ernst Kaemmel: Conversion and deletion of corporations on the basis of the laws of July 5, 1934 and October 9, 1934, together with the related implementing regulations. Moeser, Leipzig 1935.

literature

  • Joachim Scholtyseck: Freudenberg: A family company in the empire, democracy and dictatorship . CH Beck, 2016, ISBN 3-406-68854-3 , pp. 640 .
  • Uwe Dietrich Adam: Jewish policy in the Third Reich. Unv. Reprint from 1972, Düsseldorf 2003, ISBN 3-7700-4063-5
  • Johannes Bähr, Axel Drecoll, Bernhard Gotto, Kim Christian Priemel, Harald Wixforth: The Flick Group in the Third Reich . Ed .: Institute for Contemporary History Munich-Berlin on behalf of the Prussian Cultural Heritage Foundation. Walter de Gruyter, 2012, ISBN 3-486-70856-2 , p. 1044 .
  • Peter Longerich: Politics of Annihilation. An overall presentation of the National Socialist persecution of the Jews. Munich 1998, ISBN 3-492-03755-0 , pp. 42 and 600.

Individual evidence

  1. ↑ Avraham Barkai: The economic system of nationalism. Ideology, theory, politics 1933-1945 . Frankfurt 1988, p. 192 .