Taxes
Taxation is a very broad topic. Almost 1/3rd of all published tax literature originates from Germany. Just to give you an overview - Taxes for salaried employee are as following
- Rate of Income tax increases progressively from 0% to 45%
- Solidarity tax of 5.5% to be paid by residents of former West German states
Source: Wikipedia
Some Deductions
- Basic allowance of €7,834 (2009) for unmarried persons and EUR 15,668 (2009) for jointly assessed married couples.
- Expenditure towards work – Travel tickets to place of work, professional needs, etc
- Expenditure towards vocational training of children
- Financial support to needy relatives
- Dual House maintenance
