Taxation

Tax rev­enue in Ju­ly 2017

Total tax revenue (excluding local authority taxes) recorded a sharp year-on-year gain of 9.2% in July 2017. This is mainly due to a 9.9% rise in revenue from joint taxes, to which value added taxes, non-assessed taxes on earnings, and wages tax all contributed. However, the increase in receipts from value added taxes was skewed positively by a one-off effect in July last year.

  • Double Taxation

    You can access Germany’s double taxation agreements and additional country-related publications via our German website.

  • An ABC of Tax­es

    Comprehensive, updated guide to taxes and taxation in Germany.

  • Fis­cal Code

    Working translation of the Fiscal Code (Abgabenordnung), which brings together the rules applying to all taxes as a compendium of general tax law. The Fiscal Code sets out the basic rules on how a tax is determined, to whom the tax applies, and when the tax is to be paid.

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20 July 2017

Tax revenue in June 2017

Total tax revenue (excluding local authority taxes) recorded a year-on-year decline of 6.5% in June 2017. Receipts from joint taxes were up by 2.3% on the year. This was driven mainly by receipts from wages tax, assessed income tax and corporation tax, the latter two mainly as a result of the continued rise in prepayments for the current year. However, the growth in revenue from joint taxes was slowed by a substantial 52.3% decline in receipts from non-assessed taxes on earnings. Although receipts from the most important federal taxes posted gains, the nuclear fuel duty repayments of €6.3bn had a severe impact on total federal tax revenues, which fell by 59.9%. Taxes accruing to the Länder also took a hit, with yields dropping by 21.4% as a result of a 51.2% decline in inheritance tax revenue.

22 June 2017

Tax revenue in May 2017

Total tax revenue (excluding local authority taxes) recorded another year-on-year gain in May 2017, rising by 1.4%. Revenue from joint taxes posted an increase of 2.3% on the year, although individual taxes exhibited divergent trends. While wages tax continued to show strong revenue growth, receipts from assessed income tax and corporation tax declined in year-on-year terms in May (which is a low-yield month for these tax types). The sharp decline in corporation tax revenue in May was the result of a high baseline figure in the previous year and a large amount of refunds. With non-assessed taxes on earnings and value added taxes, the fluctuations in revenue remained within the usual range. Revenue from taxes accruing solely to the Federation were down on the year once again (-3.2%), which can be explained by a baseline effect relating to tobacco duty. Receipts from Länder taxes posted a sharp year-on-year increase of 7.8%.

24 May 2017

Tax revenue in April 2017

Total tax revenue (excluding local authority taxes) recorded another robust year-on-year gain in April 2017, up by 5.8%. This outcome was driven by a sharp increase in receipts from joint taxes, which climbed by 9.0% on the year. The largest contribution came from corporation tax, which posted a revenue gain of €0.9bn. The two taxes that generate the most revenue – wages tax and value added taxes – also played a key role in reinforcing the upward trend in revenue from joint taxes. Revenue from both assessed income tax as well as withholding tax on interest and capital gains grew at a very high rate, but their contribution to the total increase in revenue from joint taxes was less significant due to their relatively low baseline levels in April. Receipts from federal taxes were down by 4.9% on the year in April, with the yield from both energy duty and tobacco duty registering year-on-year declines. Revenue from Länder taxes was also down in April (by 8.9%), after having declined already in March.