Despite the European debt crisis, Germany’s fiscal revenue in 2011 will be much higher than estimated. However, it remains uncertain whether the discussion about an abolition of the solidarity surcharge and reduction of income tax rates will survive the Christmas holidays. But it proves true that German tax law always has interesting news to report even if there no major tax reforms. Stefan Ditsch, Barbara Zuber and Alexander Just of PwC discuss Germany’s tax developments.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap