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Home International Customs Germany

German would be coalition partners want to close property tax loophole

byCT Report
06/02/2018
in Germany
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BERLIN:  Germany’s would-be coalition partners want to end misuse of a property tax loophole known as share deals and strengthen the financial sector after Brexit by making it easier for banks to hire and fire top managers, a negotiation document showed.

The policy paper, agreed on Monday by negotiators from Chancellor Angela Merkel’s conservatives and the center-left Social Democrats, must still be approved by party leaders.

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