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Revised proposal on corporate tax reform

|Proposed Changes|Germany
Germany

On 31 October 2006, a group of experts from the Federal Finance Ministry and the finance ministries of the Federal Countries presented a reworked proposal for the planned corporate tax reform to be agreed on by the government. Details are summarized below:

-   A combined reduction of the corporate income tax rate from 25% to 15% and the municipal trade tax measure value from 5% to 3.5%, which would lower the average tot…