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Record Tax Revenue in Offenbach Cannot Offset Increased Spending and Reduced State Funding
Offenbach, Germany, anticipates a record €133 million in 2024 business tax revenue, exceeding the previous high of €122.4 million in 2023, despite Germany's economic challenges; however, increased city spending and a reduction in state funding due to higher local tax revenue leave the city's financi...
Record Tax Revenue in Offenbach Cannot Offset Increased Spending and Reduced State Funding
Offenbach, Germany, anticipates a record €133 million in 2024 business tax revenue, exceeding the previous high of €122.4 million in 2023, despite Germany's economic challenges; however, increased city spending and a reduction in state funding due to higher local tax revenue leave the city's financi...
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