Germans to stop paying solidarity tax

Published: August 11, 2019
Email

FRANKFURT: Majority of German taxpayers will no longer have to pay a ‘solidarity tax’ introduced after the reunification of the country almost quarter of a century ago to support poorer eastern states, according to a draft law seen by Reuters. The government, comprising Chancellor Angela Merkel’s conservatives and Finance Minister Olaf Scholz’s centre-left Social Democrats, in their 2018 coalition agreement laid down plans to help citizens on small and medium incomes.  

Published in The Express Tribune, August 11th, 2019.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

Facebook Conversations

Leave Your Reply Below

Your comments may appear in The Express Tribune paper. For this reason we encourage you to provide your city. The Express Tribune does not bear any responsibility for user comments.

Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments FAQ.

More in Business