Inland revenue record in March 2007

German tax offices in March received as much revenue from taxes as never before. Revenue from federal and state taxes (without local taxes) rose by 6.4% as compared to March 2006 and amounted to 38.38 billion Euros. According to experts the reason is to be found in a combination of VAT increase, economic revival and mild winter weather. Revenue from corporate taxes also increased considerably by 14.5%. GERMAN