Consistently strengthen financing options via consistently strengthen capital markets (In German)

We welcome the objective of the Referentenentwurf Zukunftsfinanzierungsgesetz to increase the efficiency of the German capital market. However, improvements need to be made in some areas. These include the increase of the tax allowance for employee share ownership to 5,000 euros, which must not be restricted by a ban on a conversion of compensation. In addition, the planned relief for capital increases must not lead to a deterioration of the status quo.