Tax collection

Are Germany's Rich Paying Their Way?

Millionaersteuer AP
The OECD has accused Germany's rich of not paying enough taxes.
  • Why it matters

    Why it matters

    The alleged non-collection of tax from Germany’s wealthiest citizens could be holding back the country’s growth.

  • Facts

    Facts

    • A high net worth individual is defined as someone with $1 million (€894,000) of disposable income.
    • The German tax authorities apply special investigative methods to anyone earning more than €500,000.
    • Germany’s high earners – those with incomes above €204,605 – paid almost 23 percent of the country’s total income tax bill last year.
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