German Revenue Set for ‘Moderate’ Gains From Global Tax Reform

Germany should expect only a “moderate” increase in tax revenue when both pillars of the OECD-led global tax reform are in place, according to a report by the Ifo Research Group on Tax and Financial Policy.

Commissioned by Germany’s Federal Ministry of Finance, the report was published July 28.

“According to our estimates, Germany would be a reform winner,” a summary of the report says. “However, the increase in volume is rather moderate.”

Additional tax revenue under Pillar 1 of the reform is expected to be between 850 million euro ($938 million) and 1.7 billion euro ($1.87 billion) per year ...