Tax coffers swell again on shopping and jobs
The Local · 21 Nov 2013, 10:26
Published: 21 Nov 2013 10:26 GMT+01:00
- 'Put Germany's flagship projects in private hands' (19 Nov 13)
- Germany eyes €14 billion tax windfall (08 Nov 13)
- Indebted Berlin hikes tax on property sales (09 Oct 13)
The finance ministry said tax receipts rose 3.7 percent, an increase of €1.4 billion compared to October last year, the Handelsblatt newspaper reported.
The main cause of growth was rising receipts from income tax, which leapt by 6.7 percent to €12 billion.
Meanwhile, a rise in consumer spending meant government income from sales tax increased by 4.5 percent to €16 billion, the Handelsblatt reported.