The Finance Ministry is preparing a draft proposal, which will get some folks a bit inflamed.
The new tax discussion? If you go out to the larger sized companies of German (145 of them that fit the one billion Euro value or more).....then you buy any of their stock....you pay a .2-percent tax on the business value of the deal to the tax authority.
How would you avoid it? Well....there's only two ways. First, you could take your money beyond the German border....hiding it in some fashion, and buy stock out of a non-German structure. Yes, it'd likely be illegal. Second, you could limit your purchase of stock to only German companies valued at less than one billion Euro.
The odds that people will just start avoiding the bigger companies and shift their stock purchases to medium and small companies? I might go and suggest this is the tactic of the government.
UPDATE: Well, the SPD head of the Finance Ministry is having trouble convincing the partner party (the CDU) to buy into this tax. Just about every significant CDU member has come out with questions and aren't buying into the logic....except for Chancellor Merkel who says it's a idea ready to deliver. You have to wonder if the best boss and political figure for the SPD Party.....is Chancellor Merkel herself, and that's just faking her conservative nature.
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