The German Ministry of Finance published a draft tax reform bill on 17 July 2023, the Growth Opportunities Act. Some of the most important reform measures include:
- A climate investment grant of up to EUR 30 million per qualifying applicant that would be structured as a cash grant and calculated based on 15% of the qualifying expenses for climate protection measures during the investment period (effective date of law to 1 January 2028);
- A permanent increase in the maximum annual amount of qu…