Tag Archive for 'tax privileg'

Parliament Adopts Amendment of Motor Vehicle Tax Act Extending Exemption for Electric Cars

The German Bundestag (Parliament) has adopted a bill modifying the Motor Vehicle Tax Act (KraftStG) so as to extend the exemption of electric cars (Section 3d KraftStG).

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Federal Cabinet Adopts 2nd Act to Amend the Energy and Electricity Tax Act

Yesterday the Federal Cabinet (Bundeskabinett) has adopted the draft bill regarding amendments of the Energy and Electricity Act (Energiesteuer- und Stromsteuergesetz). The draft bill extends existing tax privileges for energy intensive companies until 2022. In return the energy intensive companies have to improve their energy efficiency.

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