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  1. 14 November 2019

    Cabinet approves near-complete abolition of solidarity surcharge

    On Wednesday, the federal cabinet approved draft legislation to reduce the solidarity surcharge. If the bill is passed, the surcharge will, starting in 2021, be completely eliminated for around 90% of those who currently pay it. For a further 6.5% of taxpayers, the surcharge will be reduced. As a result, 96.5% of today’s surcharge payers will be better off.

  2. 30 October 2019

    Results of the 156th meeting of the Working Party on Tax Revenue Estimates

    The Federation, Länder and local authorities can continue to expect higher tax revenues in the coming years. According to current tax estimates, tax revenues will rise from €796.4bn in 2019 to around €935.0bn in 2024. The trend will be somewhat better for the Länder and local authorities than for the Federation, however. Overall, the Working Party on Tax Revenue Estimates has corrected its revenue expectations slightly downwards.

  3. 16 October 2019

    Clear and socially equitable incentives for climate-friendly behaviour

    Today the German government adopted draft legislation to implement the Climate Action Programme 2030 in tax law and to amend the Aviation Tax Act.

  4. 9 October 2019

    New reporting obligation will create greater fairness in taxation

    The federal cabinet today approved the draft Act Introducing a Reporting Obligation for Cross-Border Tax Arrangements.

  5. 2 October 2019

    Sound financing for effective and socially equitable climate action

    Today the federal cabinet has approved the draft supplementary federal budget for 2020 and the draft budget for the Energy and Climate Fund for 2020. Today’s decision has created the budgetary conditions for rapid implementation of the Climate Action Programme agreed by the German government on 25 September 2019.

  6. 18 September 2019

    German government adopts blockchain strategy

    The federal cabinet today adopted a comprehensive blockchain strategy developed by the Federal Ministry for Economic Affairs and Energy (BMWi) and the Federal Ministry of Finance (BMF) in consultation with other ministries.

  7. 11 September 2019

    TIBER-DE enhances the security of the German financial system

    The Federal Ministry of Finance and the German Bundesbank have decided to implement TIBER-DE, a new programme that will strengthen the resilience of the entire financial system to cyber attacks.

  8. 26 June 2019

    A budget policy with clear priorities: social cohesion and record investment for a modern, climate-friendly Germany

    On 26 June 2019, Germany’s federal cabinet adopted the government draft for the 2020 federal budget and the financial plan to 2023. The German government is focusing on the right areas to ensure that Germany can look forward to a successful future.

  9. 6 June 2019

    Joint press release: Sustainable Finance Committee takes up work

    The German government created a Sustainable Finance Committee on 6 June 2019. The Committee’s purpose is to advise the German government as it drafts and implements a sustainable finance strategy, as well as to pool existing expertise and foster dialogue between the relevant players.

  10. 27 May 2019

    German Financial Stability Committee recommends activating countercyclical capital buffer and releases sixth annual report

    In its meeting on 27 May 2019, the German Financial Stability Committee (G-FSC) decided to submit a recommendation to the German Federal Financial Supervisory Authority (BaFin). It is recommending to BaFin that the domestic countercyclical capital buffer (CCyB) be activated as from the third quarter of 2019 and lifted to 0.25%.

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