ARTICLE · 15 SEPTEMBER 2000

208. Tax Reform 2000 Editorial

KPMG Germany

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Just as the major opposition parties were proclaiming their intransigence most loudly and it appeared that the death knell was about to sound for Tax Reform 2000 as Germany had hitherto known it, the Liberal Party reminded everyone that it is the great facilitator in German politics by switching sides and voting with the government parties in the Federal Council of German States. The news that the bill had indeed been enacted into law in mid-July of this year without fundamental changes probably elicited pleasant surprise, if not euphoria, from most of those who had followed its fairly rectilinear course through the legislative process.

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