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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Germany's corporate tax rate in the top third in an international comparison

5:13 AM MDT | September 9, 2013 | Michael Ravenscroft

Germany's corporate tax rate puts it in the top third of countries in a comparison with the rest of Europe, according to a report "The tax burden of companies in Germany," presented in Berlin by the Federation of German Industries (BDI; Berlin) and the chemical industry association VCI (Frankfurt). Corporate tax payments will increase disproportionately from €112 billion ($148 billion) in 2012 to €134 billion in 2017, or almost 20%, according to BDI and VCI. "We need an investment-friendly framework, not new taxes," says Ulrich...

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