A topical guide to offshore e-commerce focused on tax
and regulation LawAndTax-News.com
Daily news and background data on tax and legal developments
for international business
German Chancellor Concedes On Tax Reform Debate,
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, January 06, 2009
German Chancellor Angela Merkel hinted within her New Year address on December
31, that she would consider including tax cuts within her proposals for the forthcoming
multi-billion euro stimulus package, expected later this month.
Speaking on German television, Merkel said that she intended to "try to relieve all those who
pay taxes and other levies”. Merkel has previously voiced her strong opposition to
cutting taxes, arguing that this would have an adverse effect on the German economy in the long term as
future generations would have to bear the burden of increased debt.
Merkel, of the Christian Democrats (CDU), has come under sustained political
pressure from within Germany’s coalition government to implement tax changes
as soon as possible. The Bavarian Christian Social Union (CSU), the CDU’s
sister party, has warned that it would veto
any forthcoming stimulus package that did not include tax cut measures.
The Chancellor, although conceding that some measure of fiscal loosening is required,
remains firmly of the belief that deeper tax cuts would lead to lingering public debt for many years.
She emphasised her commitment to maintaining a balanced federal budget whilst vowing to help Europe’s largest economy weather the global economic storm. During her address, she moved to rally the German populace, urging Germans to remain optimistic, emphasising that Germany had overcome more challenging economic situations in the past.
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
Our 16 constantly updated
intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
Advertising & Marketing
With over 50,000 qualified readers every month our web-sites
offer a number of cost effective, targeted advertising,
sponsorship and marketing opportunities:
Display advertising - from 'skyscrapers' to 'buttons'
Content/article submission and sponsorship
Opt-in email marketing
On-line Services Directory listings
Could your corporate web-site or newsletter benefit
from incorporating regularly updated news and content
tailored to serve your clients' interests? We can provide
a variety of maintenance-free news and content solutions
that can be seamlessly integrated and dynamically delivered:
Click here for a brief introduction
to RSS and instructions on how to get the Tax-News feed.
IMPORTANT NOTICE: THE LOWTAX NETWORK has
taken reasonable care in sourcing and presenting the information contained on
this site, but accepts no responsibility for any financial or other loss or damage
that may result from its use. In particular, users of the site are advised to
take appropriate professional advice before committing themselves to involvement
in offshore jurisdictions, offshore trusts or offshore investments. All materials
on this site copyright THE LOWTAX NETWORK 1999 to 2009. Contact
us for further information.
TAX-NEWS.COM
Free Tax-News Feed