BERLIN, April 21 (Reuters) - Tax revenues in Germany
fell by 1.5% in March compared with the previous year due to
relief measures introduced by the government, the finance
ministry said on Friday.
The country's federal and state governments saw tax revenue
drop to 81.2 billion euros ($89.17 billion) that month,
according to the ministry's monthly report.
As a result of changes in tax rates to compensate for high
inflation, tax revenues are expected to drop by more than 12
billion euros this year, according to finance ministry
estimates.
In the first quarter of 2023, tax revenues fell by 1.7%
compared with the same period in 2022, coming in at close to 200
billion euros.
For 2023, experts forecast German tax revenues will increase
to 857.2 billion euros, up 5.2% from the previous year,
according to the report.
An updated tax estimate for 2023 is expected in May.
($1 = 0.9107 euros)
(Reporting by Maria Martinez, Editing by Rachel More)
