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Germany and Australia sign double-taxation agreement Australia

13.11.2015 - Article

Together with Federal Finance Minister Wolfgang Schäuble and Australia’s Finance Minister Mathias Cormann, Minister of State Maria Böhmer signed a new German-Australian double-taxation agreement in Berlin on 12 November. The occasion was the visit by Australian Prime Minister Malcolm Turnbull, who met Federal Chancellor Merkel and Foreign Minister Steinmeier.

Cormann, Schäuble and Böhmer signing the agreement
Cormann, Schäuble and Böhmer signing the agreement© Jörg Rüger/BMF

“I am delighted that we have generated fundamental improvements for German and Australian businesses through this new double-taxation agreement,” Böhmer said after signing the document. She explained that it would enhance economic relations between Germany and Australia, thereby bringing Europe and the Asia‑Pacific region – the world’s fastest-growing and most dynamic region in terms of trade – closer together.

Recommendations from the Australia-Germany Advisory Group

Böhmer and Cormann are co‑chairs of the Australia-Germany Advisory Group, which has drawn up recommendations for intensifying German-Australian relations at the behest of the two heads of government. The Advisory Group submitted its recommendations to Chancellor Merkel and Australia’s Prime Minister Turnbull in Berlin on Friday (13 November).

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