Tax advantages for companies: Klingbeil announces massive relief!

Tax advantages for companies: Klingbeil announces massive relief!

Federal Minister of Finance Lars Klingbeil plans to have a comprehensive economic relief for companies that aim to combat various measures to combat the recession. The draft law of the Ministry of Finance provides for well -founded tax cuts and investment incentives. The essential elements include significant reductions in corporate tax and special depreciation regulations for electric vehicles and machines. These measures should come into force as early as June 30, 2025 and relieve companies beyond the legislative period.

In detail, the plan provides for a gradual reduction in corporation tax from the current 15 percent to 10 percent by 2032. In order to stimulate investments, a special depreciation on machines of up to 30 percent is planned for the years 2025, 2026 and 2027. The minister emphasizes that companies that use newly purchased electric vehicles can benefit from a quick depreciation. Up to 75 percent of the costs are deductible in the year of the purchase, followed by further deductions in the years afterwards.

financial effects

The relief for companies will add up to 2.5 billion euros in 2025, 8.1 billion euros in 2026 and finally 11.3 billion euros in 2029. However, these tax lessons also lead to a significant loss of government income. A total loss of 17 billion euros will be forecast by 2029, which will be distributed to the federal government, the federal states and municipalities. Specifically, in 2025, a loss of income of 630 million euros will be expected, which increased to 4 billion euros in 2026.

expanded funding and digitization

like tagesschau.de reports, the entire reform aims to "enable a quick push". In addition, the thesauring tax rate is reduced for non -released profits. The government combines tax reliefs with the aim of promoting economic growth and strengthening the competitiveness of German companies in the long term.

The package of measures by Lars Klingbeil can also be understood in the context of nationwide financial policy. As n-tv.de also reports on a specific draft law that summarizes the various tax measures. The relief should enable companies to stabilize and expand their economic situation.

summarized, the current initiatives plan a fundamental redesign of the tax framework for companies in Germany. This is regarded as a necessary step to help the economy in difficult times and to promote growth, while the bureaucratic stress is to be reduced at the same time, such as companywelt.de emphasized.