Emanuel Boeminghaus referred to rising trade taxes in German municipalities, citing T-Online. The average assessment rate of the 200 cities examined is now more than 447 percent, up from about 445 percent the previous year. For North Rhine-Westphalia, he mentioned an average of around 480 percent. According to Boeminghaus, 19 of the 200 cities raised their assessment rates compared to the previous year; Essen was the only city to lower its rate by one percentage point. Oberhausen and Mülheim an der Ruhr had the highest assessment rates in the study, each at 580 percent. The increasing burden is exacerbating cost pressure and could influence investments as well as companies' location decisions, he wrote. https://t.co/qU2wKEIPjn #Gewerbesteuer #Unternehmen #Standort (translated)