German SMEs caught out by tax reform
Sage survey finds German SMEs unawrae of major changes to the corporate tax regime
In its survey of 1,000 German SMEs 41% were unable to say the impact of the
tax changes on their tax burden.
A quarter did not know that there is a new law reducing the tax rate on
The corporate tax rate for large companies is being cut to 12.5% from 20%.
Regional corporate tax rates remain unchanged.