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Germann government agrees corporate tax cuts to 'stimulate' economy | DW News
Posted
August 29, 2023
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August 29, 2023
18,405
200
183
2.08%
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2:32
3:54Now PlayingGerman Chancellor Olaf Scholz's government has announced a tax relief plan worth some €7 billion ($7.6 billion) per year for companies in a bid to revive Europe's largest economy.
The program would ease the burden on "small and medium-sized enterprises," the federal government said in a statement.
The plan foresees a four-year corporate tax cut totaling €32 billion.
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