Monday, March 21, 2016

Tax revenue continued to rise in February – FAZ – Frankfurter Allgemeine Zeitung

Berlin (dpa) – The increase in tax revenues has accelerated somewhat. In February the federal government, states and municipalities took 5.0 percent more taxes than last month (excluding pure local taxes), as is evident from the latest monthly report of the Federal Ministry of Finance.

In January, the tax increase was 3.7 percent. For the first two months of the year, an increase of 4.3 percent returned. was That is more than in the tax estimate of November forecasts (plus 2.3 percent).

In February, there were volume increase in tax revenue, the income tax, assessed income tax and corporation tax, the front large companies pay. Only in the case of withholding tax on interest and capital gains showed significant declines, it said. Economic growth in Germany is expected to “continue accelerated” in the first three months of the year from the perspective of the Treasury.

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