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Germany: Tax and Legal News, June 2006 - Almanya
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Business tax reform 2008 under discussion
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Issue Number
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6/2006
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The proposed broadening of the CIT and trade tax base would clearly eliminate the positive effect of a CIT rate reduction for many highly leveraged companies and, therefore, is hotly contested. The German Finance Minister intends to keep a tight rein on the net fiscal shortfall from the tax reform so any significant rate reduction will have to be compensated by some form of tax base broadening. The debate over the 2008 tax reform is expected to continue during the next few months – concrete plans and/or a draft law are unlikely to be available soon, although Chancellor Merkel has committed her government to present the complete reform package by the end of 2006.
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Monthly Newsletter for Inbound Investors into Germany
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Page Last Updated: June 28, 2006
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Source: Deloitte Touche Tohmatsu (English)
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©2012 Deloitte Türkiye.
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