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Europe Winning Paper of this year’s Franco-German Fiscal Policy Seminar
In October 2021, 137 countries and jurisdictions agreed to implement a major reform of the international corporate tax system, i.e., a global minimum tax of 15% on the profits of large multinational companies. The winning paper presents simulations of the revenue effects of the global minimum tax.
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Public Finances Provisions relating to compensation for National Socialist injustice
Almost immediately after the end of the Second World War, it became clear that compensation needed to be provided to those who had suffered damage as a result of National Socialist injustice. Those who had suffered oppression due to their political opposition to National Socialism or on the grounds of race, religion or ideology were particularly affected.
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Internationales_nicht-mehr-in-Verwendung To the point – G7
Information about the history and purpose of the G7, as well as the key working areas for the G7 finance ministers and central bank governors under the German G7 Presidency.
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Public finances The cabinet makes social cohesion and modernisation priorities
On 20 March 2019, the federal cabinet adopted the benchmark figures for the 2020 federal budget and the financial plan to 2023. The government is planning record-level investments, the biggest tax cuts in over 10 years as well as comprehensive measures to boost social cohesion, ensuring that everyone in the country benefits from Germany’s economic success.
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G7 Team of LSE experts led by Lord Nicholas Stern issues report on international climate club
The report looks at how international cooperation in the form of an inclusive climate club can promote climate ambition and facilitate the decarbonisation of industry.
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G7 presidency Statement of the G7 Finance Ministers
On 2 September 2022 the G7 finance ministers issued a joint statement on the extension to the G7 of the services ban related to the export of Russian oil and petroleum products in combination with a price cap.
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Coronavirus Customised support for new businesses affected by the coronavirus crisis
Support for start-ups will be further strengthened as part of government measures to combat the coronavirus pandemic.
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Public Finances Stability Council Act (Stabilitätsratsgesetz)
Act on the Establishment of a Stability Council and on the Avoidance of Budgetary Emergencies (Stability Council Act)
Date of signature: 10 August 2009
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Public Finances Spending reviews in the federal budget
Since 2015, the German government has included annual spending reviews in its top-down procedure for preparing the federal budget. Spending reviews analyse revenues and expenditures in selected policy areas, with the aim of giving the budget preparation procedure a stronger focus on content and enhancing the outcome orientation of the allocated budget funds. They help to improve the structure of …
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Public finances Christian Lindner at the Bundestag’s special session on the war in Ukraine
At the Bundestag’s special session addressing Russia’s attack on Ukraine in violation of international law, Finance Minister Christian Lindner announced massive investments in Germany’s armed forces. A special fund worth €100 billion will be established for this purpose. In addition, the government plans to spend billions of euros to build up gas and coal reserves. It will also place an even …