Taxes | Business| Economy and finance news from a German perspective | DW | 02.02.2016

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Taxes

Paying taxes is considered to be a civic duty, and yet we often hear people moan and groan about these regular deductions - all the more so since not all forms of taxation seem to make economic sense.

And sometimes, it's tax breaks offered to some that others view as a grave injustice, because they themselves do not get the same preferential deal. This page collates recent DW content on the topic.

Argentinians protest over austerity budget 15.11.2018

Parliament in Buenos Aires is set to vote on an austerity budget as part of its bailout deal with the IMF. To qualify for the 50-billion-dollar rescue package, the country has to raise taxes and cut social programs. That's painful for many citizens, and protests are ongoing.
Deutschland Parteitag Die Grünen in Leipzig

German Greens make EU election pledges on asylum, climate change 11.11.2018

Six months ahead of the European elections, Germany's Green Party has formally adopted its manifesto. It plans to demand a unified European asylum law and campaign for taxes on tech giants and Europe's worst polluters.
Symbolbild - USA - Industrie

Democrats take wind out of Trump's economic sails 07.11.2018

Trump has warned that if Democrats won power in the midterm elections, the US economy would see higher taxes, endangering jobs as a result. But cohabitation means legislative stagnation is more likely.
Vatikanstadt - Messe zur Heiligsprechung im Vatikan von Paul VI und Oscar Romero

Italy must get tax back from Vatican, EU rules 06.11.2018

Europe's top court has told Italy to recoup municipal taxes unpaid by Vatican schools and hostels. It's a win for a Montessori school and a Rome guesthouse owner who asserted unfair taxation in the context of EU law.
Zigaretten Aschenbecher Symbolbild

Russian accused of smuggling 12 million cigarettes into Germany 01.11.2018

The 43-year-old truck driver is accused of evading 1.6 million euros of taxes. Cigarette smuggling is a profitable criminal enterprise in the EU, where prices for cigarettes are high and can vary widely.
Geld Währung Euro

Italy plans to carry on with budget plans, keep an eye on debt 22.10.2018

Investors are keeping a close eye on Italy. The country’s populist government plans to increase spending while slashing taxes mean it couls break the EU’s budget rules. Italy’s credit rating was downgraded to a notch just above. Italy’s government faces a deadline to respond to an EU reprimand to keep its budget in line with the bloc’s rules. But the nerves haven’t gone away.

Investigator reporter: Europe 19.10.2018

Frederick Richter explains why the scale of Europe's Cum-Ex tax scandal is now thought to be even broader than expected.

Giuseppe Conte

Italy sends EU Commission disputed budget proposal 16.10.2018

Rome wants to borrow more in order to boost welfare, lower the retirement age, allow for a partial amnesty on unpaid taxes, and grow the Italian economy. The budget puts Rome on a collision course with Brussels.

Canadian provinces chuffed over pot bonanza 10.10.2018

Within two years, Canadian market analysts tip the cannabis industry will have a retail value of $6.8 billion Canadian dollars a year – that’s more than the hard liquor market and almost as much wine sales. Provinces are set to reap a tax bonanza.
Bundestag Angela Merkel und Horst Seehofer

France to Germany: Stop right-wing populism by making decisions 04.10.2018

French Finance Minister Bruno Le Maire called on Germany to stop delaying EU decisions about taxes and the eurozone budget. The people of Europe are running out of patience, he warned, while populists love EU indecision.

For German drivers, low costs trump environmental factors 28.09.2018

Germans love their diesel motors. Delivery services and taxi companies also prefer diesel motors. In order to help Germany's homegrown automotive industry, Germany imposes lower taxes on diesel.

Espresso, mit Rechnung und Wechselgeld

Italy to hike spending, cut taxes, defying Europe 28.09.2018

Italy has upped its budget deficit target to 2.4 percent, in line with election promises of a basic income and tax cuts. EU Commissioner Pierre Moscovici slammed the plans, pointing to Italy's "explosive" debt burden.
Uganda Kampala

Politics interfering with trade in East African Community 12.09.2018

The deal to improve trade within the six-member East African bloc is being thwarted by bilateral political disputes, traders and analysts say.

Argentinien | Präsident Mauricio Macri

Argentina's Macri imposes new austerity measures 03.09.2018

President Mauricio Macri said his country is facing "an emergency" that required massive spendings cuts and agricultural taxes. This year, Argentina's currency has already lost half its value compared to the US dollar.
04.2015 DW Business Sendungslogo

DW Business – Europe & America 03.09.2018

Macri announces new taxes & ministry cuts - Forum on China-Africa Cooperation underway - Smarthomes in vogue at Berlin electronics show

Argentina tightens the belt 03.09.2018

Argentine President Mauricio Macri has announced higher taxes and a major consolidation of his government in a bid to stabilize his country's economy. But trade unions are already vocal in protesting reforms, meaning a political crisis could follow on the heels of the economic turmoil.

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