Tax cuts for companies: DIHK calls for tax reform

Craft

According to the Federal Central Tax Office, the average burden for companies in Germany in 2020 was 30 percent.

(Photo: imago images / Future Image)

Berlin Germany is and will remain a high-tax country. The German Chamber of Commerce and Industry (DIHK) considers this to be a blatant competitive disadvantage and warns against the migration of investors. In a catalog of measures that is available to the Handelsblatt, the umbrella organization of the 79 chambers of industry and commerce is now proposing a plan for a fundamental reform to the future federal government.

“Companies need more attractive framework conditions in order to invest more heavily again,” says DIHK President Peter Adrian. After many years with little movement in taxes, the next federal government should “create a spirit of optimism through a clever tax policy”.

According to the Federal Central Tax Office, the average burden for companies in Germany in 2020 was 30 percent. The EU average is just under 20.7 percent. Only Malta is 35 percent higher than Germany. The US has 26 percent and the UK 19 percent. The DIHK demands that Germany should also orient itself to these numbers.

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