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Germany Planning To Equalise Corporate Tax Levels, Report Suggests

by Ulrika Lomas, Tax-News.com, Brussels

30 December 2004


Reporting at the weekend, Germany's Welt Am Sonntag suggested that Finance Minister Hans Eichel is planning to equalise corporate tax levels for all types of corporate structure.

Without citing sources, the German newspaper reported that the government is considering bringing the corporate tax level to between 30% and 35% for all businesses, in an attempt to increase Germany's attractiveness to domestic and foreign investors.

Mr Eichel is also mulling the abolition of the country's trade tax, Welt Am Sonntag alleged.

A comprehensive report in our Intelligence Report series looking at offshore and onshore corporate structures and their tax implications is available in the Lowtax Library at http://www.lowtaxlibrary.com/asp/subs_reports.asp and a description of the report can be seen at http://www.lowtaxlibrary.com/asp/description_report7.asp

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