EU Commission rejects overprofit tax, says member states may act nationally EU Commission says it has no plans for an overprofit tax and will not speculate on future EU-wide measures, …
tax
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Business
German Finance Ministry reveals Iran war reduces tax revenue by €20.8 million
by Leo Müllerby Leo MüllerGermany’s fuel tax revenue falls short as higher pump prices leave federal budget with a net loss, ministry model shows Model by Germany’s finance ministry indicates VAT gains are outweighed …
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Politics
Chancellery chief Thorsten Frei rejects tax hikes for top earners
by Hans Ottoby Hans OttoMerz’s Chief of Staff Thorsten Frei Opposes Higher Taxes for Top Earners Thorsten Frei rejects higher taxes for top earners as a way to fund relief for middle-income workers, opening …
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Business
Katherina Reiche denies jet fuel shortage and rejects windfall tax
by Leo Müllerby Leo MüllerChancellor Merz and Minister Reiche Clash Over Kerosene Supply as Government Seeks Answers Katherina Reiche says Germany’s kerosene supply is secure, rejecting claims of an imminent shortage and contradicting Chancellor …
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Business
Tobacco tax hike must be earmarked for healthcare, German family doctors demand
by Leo Müllerby Leo MüllerGerman doctors call for tobacco tax increase revenues to be earmarked for healthcare German GPs and the federal drug commissioner demand that tobacco tax increase revenues be earmarked for prevention, …
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Business
German fuel prices jump after midday spike despite two-month tax cut
by Leo Müllerby Leo MüllerFuel prices rise again in Germany after midday spike, ADAC data shows Germany sees renewed increase in fuel prices after a midday surge; ADAC reports sharp jumps in E10 and …
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Business
Germany announces two-month 17-cent fuel tax cut for motorists and businesses
by Leo Müllerby Leo MüllerGermany announces two-month fuel tax cut of €0.17 per liter Germany unveils a two-month fuel tax cut of €0.17 per liter, part of a €1.6bn relief package with a tax-free …