Economic policy
Cabinet decides company tax package
Black and red has made great promises to the weakening economy – now it has to be delivered. First step: tax relief that should trigger more investments.
The federal government has launched a billion -dollar package with tax relief for companies. The German press agency from government circles learned this. Finance Minister Lars Klingbeil (SPD )’s legislative package is intended to provide companies with incentives for investments – among other things through extended depreciation options for machines and electric vehicles. After the cabinet decision, the Bundestag and Federal Council must now advise and decide. According to the SPD, the goal is a decision before the summer break in mid -July.
The super depreciation should apply for three years – 2025, 2026 and 2027. From 2028, corporation tax is to gradually decrease from the current 15 percent to 10 percent in 2032. This should give the companies long -term planning security and upgrade the Germany location.
dpa
Source: Stern
I have been working in the news industry for over 6 years, first as a reporter and now as an editor. I have covered politics extensively, and my work has appeared in major newspapers and online news outlets around the world. In addition to my writing, I also contribute regularly to 24 Hours World.
