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Anti-Angel Law – Angela Merkel sides with startups

Discussions over the taxation law of free float shares – or investments under 10% – have been ongoing for about 3 years. With this law enacted, tax burdens would overwhelm startups and significantly curb German innovation. After an outcry from the startup scene, Chancellor Merkel and her cabinet decided that this “anti-angel” law would not be implemented. The cabinet also decided to expand the funding program INVEST in the hope of moving Germany toward a more entrepreneur-friendly status.

www.deutsche-startups.de/tag/anti-angel-gesetz

About Anti-Angel Law Discussions over the taxation law of free float shares – or investments under 10% – have been ongoing for about 3 years. After an outcry from the Berlin startup scene, Chancellor Merkel and her cabinet decided that this “anti-angel” law would not be implemented. Read more