Growth Initiative: new economic dynamics for Germany
Incentives to work, reduction of bureaucracy and digitalisation ̶ effects on income tax of the German growth initiative
On 17 July 2024 the German government adopted a growth initiative to boost Germany’s attractiveness, competitiveness and innovative strength as a place to do business. In addition to simplifying tax law, tax concessions for overtime and foreign skilled workers are intended to make Germany more attractive as a place to do business.
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3 min read
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24 Jul 2024