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Germany approves €10 billion tax reform, with full effect due in 2028

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  • Germany’s cabinet approved an income-tax reform package benefiting low- and middle-income households.
  • €10 billion is allocated to the package, which takes full effect in 2028.
  • Child benefit rises to €267 in 2027 and €272 in 2028 per child monthly.
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Germany approves €10 billion tax reform, with full effect due in 2028 - CoinPost Terminal