ANNOUNCEMENT 26 Oct 2009

In October 2009, the government of Germany announced a targeted tax change.

NUMBER OF INTERVENTIONS

2

  • 2 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



CDU/CSU, FDP. (26 October 2009). Wachstum. Bildung. Zusammenhalt. To be obtained at http://www.cdu.de/doc/pdfc/091026-koalitionsvertrag-cducsu-fdp.pdf


Inception date: 01 Jan 2010 | Removal date: 01 Jan 2012

Financial grant

 
On 26 October 2009, the parties CDU/CSU and FDP signed a coalition agreement titled "Wachstum. Bildung. Zusammenhalt." ("Growth. Education. Solidarity.") to be the basis for the incoming German federal government. In the agreement, the parties propose the following measures with relevance to international commerce.
The coalition vows to

  1. increase the competitiveness of local biofuel production. The aim is to revive the market for pure biofuels through favorable tax treatment from 1 January 2010.
  2. "save" medium-sized enterprises ("Mittelstand") from the credit crunch. The existing credit- and guarantee scheme is to be evaluated against its impact on these companies and shall act as a mediator between credit-seeking enterprises and financial institutions.
  3. improve the access of foreign skilled labor to the German labor market. However, access shall be taylored according to "cohesive, clear and transparent criteria" such as qualification, labor demand and integration ability.
  4. improve competition in cross-border electricity trades through the elimination of impediments in the regulation of bottleneck management.
  5. give immediate support to the German dairy industry. For 2010 and 2011, the coalition plans to hand out a total of EUR 750 million to dairy farmers in the form of additional subsidies (EUR500 milion), a higher state contribution to farm-related insurance (EUR200 million) and a liquidity scheme targeted at farmers (EUR50 million).

 

AFFECTED SECTORS

 
023 029 221 222 223 239 341 345

AFFECTED PRODUCTS

 
040110 040120 040140 040150 040210 040221 040291 040299 040310 040390 040410 040490 040510 040520 040590 040610 040620 040630 040640 040690 040711 040719 040721 040729 040790 040811 040819 040891 040899 040900 290511 290512 290513 290514 290516 290517 290519 290522 290529 290531 290532 290539 290541 290542 290543 290544 290545 290549 290559
(+ 39 more)
Inception date: 01 Jan 2010 | Removal date: 01 Jan 2012

Tax or social insurance relief

 
On 26 October 2009, the parties CDU/CSU and FDP signed a coalition agreement titled "Wachstum. Bildung. Zusammenhalt." ("Growth. Education. Solidarity.") to be the basis for the incoming German federal government. In the agreement, the parties propose the following measures with relevance to international commerce.
The coalition vows to

  1. increase the competitiveness of local biofuel production. The aim is to revive the market for pure biofuels through favorable tax treatment from 1 January 2010.
  2. "save" medium-sized enterprises ("Mittelstand") from the credit crunch. The existing credit- and guarantee scheme is to be evaluated against its impact on these companies and shall act as a mediator between credit-seeking enterprises and financial institutions.
  3. improve the access of foreign skilled labor to the German labor market. However, access shall be taylored according to "cohesive, clear and transparent criteria" such as qualification, labor demand and integration ability.
  4. improve competition in cross-border electricity trades through the elimination of impediments in the regulation of bottleneck management.
  5. give immediate support to the German dairy industry. For 2010 and 2011, the coalition plans to hand out a total of EUR 750 million to dairy farmers in the form of additional subsidies (EUR500 milion), a higher state contribution to farm-related insurance (EUR200 million) and a liquidity scheme targeted at farmers (EUR50 million).

 

 
023 029 221 222 223 239 341 345
 
040110 040120 040140 040150 040210 040221 040291 040299 040310 040390 040410 040490 040510 040520 040590 040610 040620 040630 040640 040690 040711 040719 040721 040729 040790 040811 040819 040891 040899 040900 290511 290512 290513 290514 290516 290517 290519 290522 290529 290531 290532 290539 290541 290542 290543 290544 290545 290549 290559
(+ 39 more)