Germany Plans Corporate Tax Breaks to Spur Investment, DPA Says
German Finance Minister Lars Klingbeil is planning a number of tax breaks for companies aimed at spurring investment and lifting the economy out of its long bout of stagnation, according to Deutsche Presse-Agentur.
The measures would make it more attractive for firms to buy electric cars, as they could deduct 75% of the cost from their taxes in the year of purchase, DPA reported late on Saturday, citing a draft law.
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