German minister recommends tax cuts for SMEs

German minister recommends tax cuts for SMEs

The German Minister for Economic Affairs and Energy, Peter Altmaier on Tuesday, presented the ministry’s strategy to boost Small and Medium-sized Enterprises (SMEs) in the country.

Altmaier said the ministry is seeking a corporate tax reform that would include a maximum corporate tax burden of 25 per cent for retained earnings and a comprehensive reduction of bureaucracy.

“We now need a growth policy for a strong SMEs.

“It is the art of state to avoid a recession and now to ensure growth with clever economic policy,” the minister stressed.

Altmaier also pointed out that it would be in the “interests of employees and employers” to stabilise contributions to the German social security system at less than 40 per cent.

He said the SME strategy also focuses on a flexible labor market policy, the complete abolition of the so-called solidarity surcharge, which has been transferring capital from western to eastern Germany since the reunification, as well as the reduction of unnecessary bureaucracy.

The Federation of German Industries (BDI) supported the ministry’s strategy.

“For successful implementation, the strategy must become a strategy for the entire federal government,” said BDI deputy managing director Holger Loesch,.

According to the German economy ministry, SMEs are an “essential pillar” for the economic development and prosperity of Germany.

More than 99 per cent of companies in Germany were SMEs and provided over 80 per cent of vocational training and around 60 per cent of all jobs.

“Like hardly any other economy, we are characterized by strong and value-oriented SMEs.

“The strategies should “secure the strong position in the future as well,” Altmaier stressed.

In order to achieve the tasks, the ministry said it would set up a committee, which would examine the sustainability of projects across all German ministries. 

Comment With Facebook

Comments (183)

  1. I’m Rhett Personnel. As a man what Everyone loves is to model trains and I am starting something else along using it. Administering databases is just how she makes money but she intentions of changing the application. Her family lives in North Carolina. I am running and also a blog here: #link#

  2. I like the helpful info you provide in your articles. I’ll bookmark your blog and check again here regularly. I’m quite sure I will learn lots of new stuff right here! Best of luck for the next!|

  3. Article writing is also a excitement, if you be familiar with then you can write if not it is complicated to write.|

  4. I think that everything said made a ton of sense. However, what about this? suppose you typed a catchier post title? I am not saying your information is not good., but suppose you added something that grabbed people’s attention? I mean BLOG_TITLE is kinda plain. You could look at Yahoo’s front page and watch how they create article titles to grab people to open the links. You might add a related video or a picture or two to grab readers interested about what you’ve got to say. Just my opinion, it might make your posts a little bit more interesting.|

  5. The writer’s name is Miss Epley. My family lives in Connecticut. It’s a fantastic common thing but a few things i like doing is solving puzzles even so don’t experience the time in recent years. The job she has been occupying countless soft drinks is a person resources assistant but she plans on changing this task. See what’s new on my website here: #link#

  6. Good day I am so happy I found your site, I really found you by mistake, while I was researching on Bing for something else, Anyways I am here now and would just like to say cheers for a fantastic post and a all round exciting blog (I also love the theme/design), I don’t have time to browse it all at the minute but I have saved it and also added your RSS feeds, so when I have time I will be back to read a lot more, Please do keep up the fantastic work.|

  7. Rhett is what’s written on my birth certificate but I never really liked that name. To model trains is the thing I love most most. Administering databases is where his primary income hails from and his salary recently been really desirable. Her house has grown into in N . c . and she loves on daily basis living and then there. If you want to find uot more check out his website: #link#

  8. Some really good information, Gladiola I noticed this.

  9. Lance Shattuck is what you might call me but you can call me anything such as. Supervising is her profession. Climbing ‘s something that he’s been doing for a lot of years. Puerto Rico may be the she and her husband live and she has trucking deliveries she needs there. You can always find his website here: #link#

  10. Miss Friel is what’s written birth certificate and she totally digs that address. His wife doesn’t like it the way he does but what he really loves doing is researching fashion but he can’t get his career. Supervising has been my profession for a period of time but I plan on changing in which. My husband and I chose to call home California. If you want to find out more the look at his website: #link#

  11. Hi available. My name is Magali. For years I’ve been basically California. My friends say it’s not good for me personally but the things i love doing is to read comics having said that i struggle come across time for. Administering databases is the way I earn money but I plan on changing this can. He’s been working on his website for a few days now. Confirm it out here: #link#

  12. Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I?d prefer to use some with the content on my blog whether you don?t mind. Natually I?ll give you a link on your web blog. Thanks for sharing.

  13. An impressive share, I just given this onto a colleague who was doing a little analysis on this. And he in fact bought me breakfast because I found it for him.. smile. So let me reword that: Thnx for the treat! But yeah Thnkx for spending the time to discuss this, I feel strongly about it and love reading more on this topic. If possible, as you become expertise, would you mind updating your blog with more details? It is highly helpful for me. Big thumb up for this blog post!

  14. Basil Gonzales is historical past of the people use to call him up and he totally digs that phone. I am really fond of to jog and I shall be starting something else along in it. Data processing has been my profession for a bit. My family lives in Puerto Rico and my parents live next door. See what’s new smaller website here: #link#

  15. Magnificent beat ! I wish to apprentice at the same time as you amend your website, how could i subscribe for a weblog web site? The account helped me a applicable deal. I had been tiny bit acquainted of this your broadcast offered vibrant transparent concept|

  16. Miss Friel is title I like to be called with whilst it is not the name on my birth license. Office supervising is can certainly make money make cash except the promotion never happens to come. To read comics is everybody I’ve completed for years. Her house buy a in Puerto Rico. If you want to find uot more check out his website: #link#

  17. Great web site you have here.. It’s hard to find high quality writing like yours nowadays. I honestly appreciate individuals like you! Take care!!|

  18. It’s remarkable in favor of me to have a web page, which is beneficial designed for my knowledge. thanks admin|

  19. Normally I do not learn post on blogs, but I wish to say that this write-up very pressured me to check out and do so! Your writing style has been amazed me. Thanks, very great article.|

  20. Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I?d prefer to use some with the content on my blog whether you don?t mind. Natually I?ll give you a link on your web blog. Thanks for sharing.

  21. This is the right blog for anyone who wants to find out about this topic. You realize so much its almost hard to argue with you (not that I actually would want?HaHa). You definitely put a new spin on a topic thats been written about for years. Great stuff, just great!

  22. We’re a group of volunteers and opening a new scheme in our community. Your web site offered us with valuable information to work on. You have done an impressive job and our entire community will be grateful to you.|

  23. Heya i’m for the first time here. I found this board and I find It truly useful & it helped me out much. I hope to give something back and aid others like you aided me.|

  24. You could definitely see your enthusiasm within the work you write. The sector hopes for more passionate writers such as you who aren’t afraid to say how they believe. All the time go after your heart.|

  25. Hi there friends, its impressive paragraph regarding educationand fully explained, keep it up all the time.|

  26. Nice fulfill you, I’m Thad. Vermont is where my house is and mother and father live local. I am currently a procurement officer and the salary recently been really accomplishing. It’s in your home common thing but what she likes doing is electronics now, more than she has time to use on new things. You can find my website here: #link#

  27. Hi, i read your blog from time to time and i own a similar one and i was just wondering if you get a lot of spam feedback? If so how do you protect against it, any plugin or anything you can suggest? I get so much lately it’s driving me insane so any support is very much appreciated.|

  28. An impressive share! I have just forwarded this onto a co-worker who had been conducting a little homework on this. And he in fact bought me breakfast because I found it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanx for spending some time to talk about this subject here on your site.

  29. I like looking through a post that can make people think. Also, thank you for allowing for me to comment!

  30. The very next time I read a blog, I hope that it won’t disappoint me just as much as this particular one. I mean, I know it was my choice to read, nonetheless I truly thought you’d have something interesting to talk about. All I hear is a bunch of complaining about something you can fix if you were not too busy seeking attention.

  31. There is definately a great deal to learn about this topic. I love all of the points you made.

  32. You should take part in a contest for one of the greatest sites on the net. I most certainly will highly recommend this site!

  33. Very good article! We are linking to this particularly great article on our website. Keep up the great writing.

Comment here

This site uses Akismet to reduce spam. Learn how your comment data is processed.