President of the Federation of German Industries (BDI) Hans-Peter Keitel has urged the government to clarify its tax policy.
The BDI President has emphasized the need for the coalition to provide a clear, targeted tax policy, and to create clear framework conditions for the country’s economy. Reliable announcements are also imperative, Keitel added.
According to Keitel, the government must clarify whether or not it intends to consolidate the budget, and indeed whether or not it aims to undertake a structural reform of the country’s taxation in order to simplify the existing tax system, or whether it plans instead to continue making piecemeal changes to individual tax rates.
Keitel has highlighted the growing need to consolidate the public finances, and has warned that by simply making cosmetic alterations, the state will not be able to sucessfully fulfil the requirements of the debt brake rule up until 2016.
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com 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.
Write a comment