Tax income hits March record
DPA/The Local · 22 Apr 2014, 11:55
Published: 22 Apr 2014 11:55 GMT+02:00
- SPD: Restore 45-percent investment tax (17 Apr 14)
- Customs find smuggled cash in every third car (17 Apr 14)
- Thousands of tax evaders come forward to declare (16 Apr 14)
Nationally, Germany made 6.7 percent more from income tax than it did in March 2013. States on average made 7.1 percent more in March than a year ago.
The country's 16 states on average earned 22.7 percent more in state-specific taxes. This jump was largely due to individual taxes. Inheritance tax sprang up by 38.6 percent, beer tax by 16 percent and land transfer tax by 23.2 percent.
Germany saw its coffers swell by €140 billion in tax revenue in the first three months of 2014 – 3.7 percent more than the same space of time in 2013. This is a better performance than financial forecasters offered back in November.