📰 GERMAN EXPERTS LOWER TAX REVENUE FORECASTS Germany’s council of tax experts expects 58.1 billion euros ($62.72 billion) less in total tax revenue in the 2024-2028 period compared with its May forecast, projections on Thursday showed. For the federal government alone it expects 12.6 billion euros less in tax revenues in the five-year period, according to the updated estimates.

GERMAN EXPERTS LOWER TAX REVENUE FORECASTS

Germany’s council of tax experts expects 58.1 billion euros ($62.72 billion) less in total tax revenue in the 2024-2028 period compared with its May forecast, projections on Thursday showed.

For the federal government alone it expects 12.6 billion euros less in tax revenues in the five-year period, according to the updated estimates.