BERLIN, June 10 (Reuters) - Germany's ruling coalition parties want to change tax rules to give companies a greater incentive to come to the rescue of other struggling businesses, a proposal they have drawn up shows.
The proposal, seen by Reuters, would loosen limits on a company's ability to deduct from its tax bill the losses of a business it is acquiring.
The measure would be effective for 2008 and 2009, and cost some 1.8 billion euros ($2.54 billion) in foregone tax ...
Sign in to access
this Article
"Germany plans tax change to aid company rescues" 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.

