German tax revenue rises 1.7% in August
Germany’s federal and state government tax revenue rose 1.7% in August versus the same month a year ago, the finance ministry said.
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By Maria Martinez BERLIN, Sept 22 (Reuters) — Germany's federal and state government tax revenue rose by 1.7% in August compared with the same month a year ago, the finance ministry said in its monthly report on Tuesday. Total tax revenue reached €64.3 billion ($73.7 billion) There were revenue increases from the wage tax, the withholding tax on interest and capital gains, as well as value-added tax Tax revenue for the January-to-August period rose by 0.9% year-on-year to €581.8 billion Tax experts see tax revenue increasing to €912.7 billion in 2026, up 1.2% year-on-year ($1 = 0.8720 euros) (Reporting by Maria Martinez; Editing by Toby Chopra) ((maria.martinez@thomsonreuters.com;)