BERLIN, Dec 15 (Reuters) - German consumers may not see the full impact of a tax cut agreed on Monday in their pay until March, finance ministry officials said on Monday.
Speaking on condition of anonymity, the officials said the complicated agreement struck in the early hours between government and opposition officials meant it would take time to re-write the software most firms use for calculating payrolls.
Shares in German retailers fell on Monday on disappointment ...
Sign in to access
this Article
"Germans may not see tax cut pay benefits until Mar" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.

