Business Taxes
As of 1 January 2008, Germany’s corporation tax rate is 15%. Counting both the solidarity surcharge (5.5% of corporation tax) and trade tax (averaging 14% as of 2008), tax on corporations in Germany is just below 30%.
Read more about this topic: Taxation In Germany
Famous quotes containing the words business and/or taxes:
“I cannot be indifferent to the assassination of a member of my profession, We should be obliged to shut up business if we, the Kings, were to consider the assassination of Kings as of no consequence at all.”
—Edward VII (18411910)
“The contented and economically comfortable have a very discriminating view of government. Nobody is ever indignant about bailing out failed banks and failed savings and loans associations.... But when taxes must be paid for the lower middle class and poor, the government assumes an aspect of wickedness.”
—John Kenneth Galbraith (b. 1908)