South Westphalia's city of Siegen has the highest corporate tax rates among all cities in the region.
The Southwestphalia region has seen the publication of the Real Estate Tax Atlas 2025, a valuable resource for craft businesses and entrepreneurs seeking to navigate the complex landscape of property and trade taxes in the area.
Published by the Southwestphalia Chamber of Crafts (HwK), this atlas provides a comprehensive overview of trade and property tax rates in all 45 municipalities in Southwestphalia. It offers a solid basis for decision-making, particularly in light of the ongoing property tax reform.
One of the key highlights of the atlas is its ability to make visible the differences in tax rates across the region. For instance, Altena stands out with the highest property tax B rate for non-residential properties at 2020%, while Wenden boasts the lowest rate of 469%. On the other hand, Schmallenberg has the lowest trade tax rate of 400% in Southwestphalia.
The city of Siegen, meanwhile, has a trade tax rate of 505%. These figures underscore the varying tax burdens on commercial and non-residential properties across the region.
Hendrik Schmitt, CEO of HwK, emphasizes that the Real Estate Tax Atlas is a tool for craft businesses and entrepreneurs. He urges municipalities to design their rates carefully in economically challenging times to avoid burdening businesses further and to promote investments.
Uta Neumeister, head of HwK location policy, stated that the atlas provides valuable insights for craft businesses. She highlights its significance in the competition for locations, as rates are a significant cost factor.
The atlas allows for quick and effective comparison of tax-related location factors, making it an invaluable resource for those looking to set up shop in Southwestphalia.
In the current political climate, the priorities of the city administrations in the 45 municipalities of South Westphalia are focused on managing and balancing real estate and business tax rates. They aim to remain competitive for economic development while addressing rising tax pressures, particularly in municipalities like Altena, Kreuztal, and Lüdenscheid which have the highest property tax rates.
In conclusion, the Real Estate Tax Atlas 2025 is an essential tool for craft businesses and entrepreneurs in Southwestphalia, offering a clear and concise overview of the region's tax landscape. It serves as a guide for decision-making, helping businesses to navigate the complexities of property and trade taxes and make informed choices about where to establish their operations.
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