Press release No. N 050 of 28 August 2020
WIESBADEN – Due to the consequences of the corona pandemic, cash revenue from joint taxes in Germany was down by 3% in July after calendar and seasonal adjustment compared with the pre-crisis month of February this year. These tax receipts are distributed among the Federation, Länder and municipalities. They include taxes on turnover and income. The Federal Statistical Office (Destatis) also reports that the revenue from federal and Länder taxes dropped by 7.5% and 5.5%, respectively. The figures for July are the first seasonally and calendar adjusted results to be published for these types of taxes.
