German Tax Reform Plans Include Changes to the Treatment of Losses, Interest Deduction Restrictions, and Other Measures
The German Ministry of Finance published a draft tax reform bill on 17 July 2023, the Growth Opportunities Act. Some of the most important reform measures include:
- A climate investment grant of up to EUR 30 million per qualifying applicant that would be structured as a cash grant and calculated based on 15% of the qualifying expenses for climate protection measures during the investment perio…