Germany Gazettes Law Implementing Various Tax Incentives for Investments

The German Official Gazette July 18 published a law implementing various tax incentives for investments. The law includes measures: 1) gradually reducing to 10 percent from 15 percent the corporate tax rate, and to 25 percent from 28.25 percent the retained earning tax rate, from 2028 until 2032; 2) providing a depreciation allowance up to 30 percent for movable fixed assets acquired or manufactured, and a 75 percent allowance for electric vehicles purchased, between June 30, 2025, and Jan. 1, 2028; 3) increasing to 100,000 euros (US$116,667) from 70,000 euros (US$81,667) the reduced taxation price cap for electric company cars ...