Germany Reaches Deal With States on Sharing Burden From Tax Cuts
12 Articles
12 Articles
Due to a discharge law for companies, the Länder and municipalities feared a loss of revenue in billions. Now the federal government is to step in – with new debts.
Due to a financial dispute with countries and municipalities the planned tax gifts for companies and also the federal budget were on the tip. Now there is a deal.
With better depreciation and tax cuts, Schwarz-Rot aims to boost the economy. However, this leads to tax losses of billions. Lower Saxony's Prime Minister now promises a complete compensation for the municipalities.
The federal government and the Länder pave the way for tax incentives for the economy. In the struggle for financing there was an agreement.
Today, a federal-state working group wants to discuss the impact of the investment incentives decided by the Merz cabinet for more growth.
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