Germany Gazettes Tax Amendment Act 2025

The German Official Gazette Dec. 23 published the Tax Amendment Act 2025, amending various tax laws. The law includes measures: 1) requiring that the conditions for special depreciation allowances under Regulation 2023/2831/EU are met for residential construction projects with permits filed between Dec. 31, 2022, and Oct. 1, 2029; 2) increasing to 0.38 euros (US$0.45) per kilometer, from 0.30 euros (US$0.35), the standard mileage allowance for business trips, and allowing long-distance commuters to claim the mobility bonus as a business expense; 3) allowing dual-household management deductions up to 2,000 euros (US$2,349) per month for accommodation expenses incurred abroad; 4) increasing ...