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Ministry Johannes Geismann
State Secretary at the Federal Ministry of Finance
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Privacy policy
Privacy statement of Federal Ministry of Finance
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Stamps and collector coins How stamps are produced
German stamps are supposed to represent Germany – but what is it that defines the country? In answering this question, the German Finance Minister is supported by two committees. These committees are made up of politicians, administrative experts, graphic artists, philatelists (stamp collectors) and representatives of the postal service.
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The Ministry and its subordinate authorities
The Federal Revenue Administration in the narrow sense encompasses the Federal Ministry of Finance as the supreme federal authority, as well as a number of other authorities and agencies. The Ministry’s wider portfolio also includes the public-law agencies and corporations that are under its supervision (for example, BaFin, the financial regulator).
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Coronavirus Compensation for short-time work
The German government is expanding its short-time work scheme (Kurzarbeit), which provides compensation to certain workers whose working hours have to be reduced. The aim is to provide fast, targeted help if businesses experience work shortages during the coronavirus pandemic. Applications for the short-time work scheme are filed by companies, not by their employees. Access to this benefit is …
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Public finances Emerging from the crisis with full strength
VAT in Germany will be reduced for a temporary period starting on 1 July 2020. The German Bundestag and Bundesrat have passed the Coronavirus Tax Assistance Act, which implements key parts of Germany’s unprecedented stimulus package. On top of the reduced VAT rate, measures include a bonus for families with children as well as extensive tax relief for single parents, businesses and other …