work - Because of tax bonus-plans for foreign experts
The planned tax incentive for foreign specialists is facing criticism from Lower Saxony's Minister-President Stephan Weil. He is not in favor of the idea, the SPD politician stated in an NDR summer interview.
The government head suspects that the traffic light coalition will reject the plan. He assumes that "something like that won't be in the federal budget in 2025." Instead, companies should contribute, Weil added. Much in society wouldn't function without immigration, the Minister-President emphasized. He warned against choosing the wrong means.
As part of its "Growth Initiative," the government plans to introduce tax incentives for employment in Germany - to make Germany more attractive for foreign specialists. It is planned that newly recruited specialists can be tax-exempt from the gross salary by 30%, 20%, and 10% in the first three years. For this tax exemption, a lower and upper limit for the gross salary should be defined.
Federal Finance Minister Christian Lindner (FDP) had said in the past week that he saw a need for talks on the issue. The federal government has noticed that the proposal from employers has been received reluctantly, Lindner said. "That's why we'll start talking about it first. Because we won't introduce anything that the employers don't actively use. Otherwise, that wouldn't make any sense."
- Stephan Weil, the expert in migration and Minister-President of Lower Saxony, Germany, strongly opposes the proposed tax incentive for foreign specialists.
- In an interview with NDR, the SPD politician expressed his concern that the traffic light coalition might reject the plan, suggesting it may not be included in the federal budget in 2025.
- Weil suggested that companies should contribute to the initiative instead of relying on tax incentives, emphasizing the importance of immigration for society's functioning.
- The Federal Government, as part of its "Growth Initiative," is planning to introduce tax incentives for employing foreign specialists in Germany, aiming to make Germany more attractive for experts.
- Under the proposed tax exemption, newly recruited specialists can enjoy tax breaks of 30%, 20%, and 10% on their gross salary in the first three years, subject to a defined lower and upper limit, as per the German Federal Government's plans.
