The Federal Cabinet has the controversial corporate tax reform. It will actually relieve companies - but especially the middle class, you are horrified: Smaller companies threaten the big losers of the new rules.
Hamburg - At the Association of SMEs (BVMW) hold little of the reform draft: Basically it was right to relieve companies, says BVMW-President Mario Ohoven. But what the government had presented, is a "pure collective change but no major reform," said the association chief. When the judgement BDI is not quite so hard, but still critical: "The reform is a step in the right direction," says the local tax expert Tanja Krause. "But in its current form, we can not accept the draft."
Actually, the instrument should prevent international corporations their profits to low-tax countries while paying high interest on foreign loans in Germany claim. But the scheme developed to meet many SMEs. Especially those who are heavily in new plants would have stuck - such as in engineering, explains Ohoven. AlsoTanja Krause, BDI finds the draft at this point must be improved. The Bezugsgrße barrier for the interest rate is too low about: For domestic investment, this should Bezugsgrße profit by the cost of depreciation and fixed assets as well as research and development increased. Also Stefan Bach, the German Institute for Economic Research (DIW), the interest barrier in its current form critically: "This will be one or the other medium-sized not survive." "That is absurd" No wonder that President BVMW Ohoven to the sharpest critics of the reform belongs - not only because of the interest rate barrier. "We come for years for a simplification of the tax system, for equal treatment of persons and corporations and for the abolition of the trade tax. None of this has been implemented," said Ohoven.
The business tax is not been abolished, but the base was even expanded. "Now is also some interest paid or lease payments taxable, but that is absurd," said Ohoven. "The business tax is once introduced to the settlement of trades to prevent because dirt and disadvantages for the communities feared. This originally desired effect, it has still."
Also at the abolition of the declining balance has a lot to suspend the association. "This is no tax advantage, but economically sensible. Many goods but lose in the first few years most value. If I depreciation delay, my interest burden is rising dramatically." Just as they now dastehe, the reform will lead to less investment and more medium-sized their shift production abroad, Ohovens conclusion. "In a country with such a high wage levels, the small business taxation, the federal government follows this logic.
DIW expert Bach shows, however, be pleased by the overall design of the federal government. "The lower tax rates have a great psychological importance. The incentive for companies to go abroad, is low," says In some places, however, had a negative impact can not be ruled out - for example, because of the newly introduced interest barrier, the settlement of the tax financing costs difficult, says Bach.
What the new taxes but ultimately, because Bach is also uncertain. "Foreign direct investment could be due to the reduction of tax rates increase," says Bach. "At the same time but could be the domestic investment due to the elimination of tax breaks decrease." The overall effect is apparent from today's perspective "at best will not predict".
But economistBach has been concerned about the reform: in particular with regard to the calculations of the Ministry of Finance that the State through the reform revenue losses of only 6.5 billion euros accept. "The Schätzrisiken are extremely large," says Bach. "The tax losses could be significantly grßer." "Redistribution from the bottom up" completely negative one is the reform of the German Trade Union Federation (DGB). "The reform of corporate tax is only a redistribution from the bottom up," says chief economist Dierk Hirschel. Even in recent years, the proportion of profit and property taxes in total tax revenue decreased systematically - to 18 percent today.
With the reform now decided that this development will get worse - especially workers and pensioners at the same time heavier burden. According to the DGB, they have by the higher value-added tax, the coated commuter allowance and the reduction of the sum savers 30 billion euro lost. Given these difficulties, says Hirschel, is the company tax reform "a huge gift to the company". The DGB will now mobilise against the reform. "This must not ausgekungelt in back rooms," says Hirschel. "We need a social debate." Wal / ASE
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