OrbitaxFederal Cabinet adopts changed proposal for major corporate tax reform 2008
|Proposed Changes|Germany
On 25 May 2007, the Federal Cabinet adopted the Tax Reform 2008 Draft Bill proposed by the Federal Cabinet with a few changes:
| - | the base for the calculation of the interest barrier will now be earnings before interest, taxes, depreciation and amortization (EBITDA), however, with the exclusion of R&D expenses; | …
