Federal Cabinet approves Bill on acceleration of economic growth – part one
On 9 November 2009, the Federal Cabinet (Bundesregierung) approved the Bill on acceleration of economic growth (Wachstumsbeschleunigungsgesetz). Key elements of the Bill are summarized below.
Individual income tax
- | the annual child deduction will be increased to EUR 2,244 (currently EUR 1,932; double for jointly… |