Study on Huge Transfers: Trump's Tax Policy Already Cost Germany 23 Billion Euros

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Lean Right

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The agreement on a global minimum tax has a catch: US corporations are allowed to tax their European profits also in the US. With its low corporate tax Trump has cut off many billions of euros from the federal budget.

rnd.de

LVZ - Leipziger Volkszeitung

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LVZ - Leipziger Volkszeitung

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US corporations are increasingly shifting profits from Europe to the US, which is why, according to a new study, Germany has lost at least 23.4 billion euros in tax revenues. No other EU country is thus so severely affected.

berliner-sonntagsblatt.de

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Donald Trump's tax policy cost Germany more than 23 billion euros in tax revenues between 2016 and 2023 - more than any other EU country. This is reported by the "Redaktions Network Deutschland" on the basis of a study by the Tax Justice Network on behalf of EU left-wing faction leader Martin Schirdewan. In Germany, mainly the municipalities escaped 9.8 billion euros in tax revenues, followed by the federal government with 6.9 billion euros and …

EU-Schwerbehinderung

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Donald Trump's tax policy cost Germany more than 23 billion euros in tax revenues between 2016 and 2023 – more than any other EU country. This is the result of a study by the Tax Justice Network on behalf of EU left-wing faction leader Martin Schirdewan, which is available to the editorial network Germany (RND). In Germany, tax revenues were evaded primarily by municipalities (9.8 billion euros), followed by the federal government (6.9 billion e…