breaking news
The Federal Council has approved the “Growth Opportunities Act”. The measures are intended, among other things, to relieve companies of their taxes. The Union and the traffic light coalition had argued about the law for a long time.
The Federal Council has approved the so-called Growth Opportunities Act, with which the federal government wants to enable tax relief and reduce bureaucracy for companies. Overall, the measures are intended to provide relief with a total volume of 3.2 billion euros.
The traffic light coalition had originally planned a total volume of around seven billion euros. But the version of the law presented by the federal government met with massive resistance, especially from the Union parties – on the grounds that the federal government wanted to finance around a third of the costs from the package by eliminating the tax break for agricultural diesel. After negotiations in a mediation committee, the conflicting parties agreed on a “light version” of the law.
More information coming soon.