German conservatives under Friedrich Merz and the center-left Social Democrats (SPD) have reached agreement for a coalition government, which was announced on 9 April 2025. The agreement reportedly includes several tax measures: A reduction in the corporate tax rate by one percentage point per year for five years starting in 2028; The introduction of a 30% depreciation allowance for equipment investments between 2025 and 2027(declining balance depreciation); and A permanent reduction in the VAT rate on food served in restaurants to 7% from 2026. The coalition government also plans to cut taxes for middle- and lower-income earners. Details on the...