Deutsche Post tax bill could increase by 400-500 mln eur from 2008

Deutsche Post AG’s tax bill could increase by 400-500 mln eur in 2008 should the German Finance Ministry carry out plans to change the way it taxes the mail carrier, Der Spiegel reported without saying where it obtained the information.

The ministry is currently reviewing plans to hike Deutsche Post’s tax bill by introducing a series of measures, including applying VAT to the sale of postage stamps, the magazine said.

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