Taxation in Germany

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Angela Merkel’s government is hoping to stem the loss of millions of euros worth of VAT revenue with new, tighter regulations on online platforms such as eBay and Amazon Marketplace.

The German government is set to sign off a proposal from the Finance Ministry on Wednesday that will provide tax relief totalling €9.8 billion a year. Finance Minister Olaf Scholz promised it would make a big difference to low earners.

Germany is considering tightening legislation to hold the likes of Amazon.com Inc. and eBay Inc. accountable for lost taxes from foreign-partner vendors.

German auto makers are proposing an end to the European Union’s 10 percent import tax on U.S.-made cars, the Wall Street Journal reported Wednesday.

The German government says solid economic growth and low unemployment are expected to boost its tax take over the next few years.

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