OrbitaxFederal Cabinet adopts Draft Bill on corporate tax reform
|Proposed Changes|Germany
On 14 March 2007, the Federal Cabinet adopted the Draft Bill initially issued by the Federal Ministry of Finance on 5 February 2007 with minor changes. The most important changes are:
| - | the assumed fictitious interest percentage regarding rent and lease payments for movable business assets in terms of interest payments and financing costs that are not deductible from the municipal business tax base is reduced from 25% to 20%… |