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Schroeder Willing To Drop 'Training Tax' If Businesses Cooperate

by Ulrika Lomas, Tax-News.com, London

17 February 2004

In his first speech since resigning as leader of the Social Democrats, German Chancellor Gerhard Schroeder told party members that he is willing to drop a “training tax” on business if firms agree to certain concessions.

Schroeder’s position marks something of a u-turn from recent comments made by other senior figures in the party hierarchy that the SPD/Green coalition was a step closer to approving the tax, which would fall on businesses who fail to provide adequate training programmes for employees.

However, speaking at a regional SPD conference, Schroeder indicated that if the private sector was willing to play ball and improve their training provision, then a tax will not be necessary.

"If that happens then we won't need a law. If it doesn't happen then a law will be made," the Chancellor told party delegates.

Revenues raised from the training tax are to be put into a fund that will finance training courses in colleges and the work place.

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