Germanys tax revenue in May fell nearly 20percent year on year due to the epidemic

category:Finance
 Germanys tax revenue in May fell nearly 20percent year on year due to the epidemic


The report also showed that Germanys fiscal revenue fell 6.3% year-on-year from January to May this year.

The German government has launched a number of measures to alleviate the economic impact of the epidemic, including reducing value-added tax.