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KM Financial Solutions | Germany sees 1.5 bln euro annual take from new financial transaction tax
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Germany sees 1.5 bln euro annual take from new financial transaction tax

09 Dec Germany sees 1.5 bln euro annual take from new financial transaction tax

Posted at 10:26h in News by
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Finance Minister Olaf Scholz
expects a planned new financial transaction tax to generate
annual revenues of around 1.5 billion euros ($551.10 million)
initially in Germany, much of which will offset the cost of a
new basic pension, a Finance Ministry document showed.

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