The Federal Government has presented a comprehensive action plan aimed at strengthening the fight against tax evasion, financial crime, money laundering and related forms of organized crime. The package is intended to pool responsibilities, increase investigative pressure, modernize data-based enforcement and ensure that serious tax offenses are sanctioned more effectively.
On 24 November 2023, the Bundesrat (Federal Council) approved the Future Financing Act, which the Bundestag had passed just a few days earlier on 17 November 2023. The law can now be submitted to the Federal President for signature by the Federal Government and then published.