German Chancellor Olaf Scholz's government has announced a tax relief plan worth some €7 billion ($7.6 billion) per year for companies in a bid to revive Europe's largest economy.
The program would ease the burden on "small and medium-sized enterprises," the federal government said in a statement.
The plan foresees a four-year corporate tax cut totaling €32 billion.
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The program would ease the burden on "small and medium-sized enterprises," the federal government said in a statement.
The plan foresees a four-year corporate tax cut totaling €32 billion.
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
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Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
#Germany #economy #taxes
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