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Hessian trade tax revenues approached the pre-crisis level

The Hessian municipalities achieved a trade tax revenue of 2.76 billion euros in the first half of 2021. Compared to the same period of the previous year, trade tax income rose by 28.0 percent and, mainly due to high income in the first quarter of 2021 (1.50 billion euros), approached the pre-crisis level again. The municipalities belonging to the district generated slightly more than half of the trade tax revenue in Hesse (52.2 percent).

The Hessian municipalities generated trade tax income of 2.76 billion euros in the first half of 2021. This roughly corresponds to the level of the first half of 2019 (2.83 billion euros). Compared to the first half of 2020 – which was significantly affected by the start of the corona pandemic – income rose by 28.0 percent or 602.4 million euros. While around two thirds of the total of 422 Hessian municipalities were able to increase their trade tax income in the first half of 2021 compared to the same period of the previous year, less than half of the Hessian municipalities (46.1 percent) increased their income in the first half of the year compared to the first half of 2019 Each increased in 2021.

One district cities

The city of Frankfurt am Main – Hesse’s economic center – generated around a third (33.9 percent) of Hesse’s total trade tax income in the first half of 2021 with 935.6 million euros. That was 232.7 million euros more than in the first half of 2020 (702.9 million euros) and 110.9 million euros less than in the first half of 2019 (1.05 billion euros). The Main metropolis received the majority (61.9 percent) of business taxes from the first half of 2021 in the first quarter of 2021 (579.5 million euros). In the independent cities of Offenbach am Main, Wiesbaden and Kassel, which together recorded a trade tax revenue of 282.1 million euros, the income was in the first quarter of 2021 (Offenbach am Main: 25.8 million euros, Wiesbaden: 78.9 million euros, Kassel : 46.4 million euros) higher than in the second quarter (Offenbach am Main: 18.6 million euros, Wiesbaden: 71.7 million euros, Kassel: 40.7 million euros). In Darmstadt, on the other hand, the trend was the opposite: in the first half of 2021, the city received 98.9 million euros, of which it recorded 30.5 million euros in the first quarter and 68.4 million euros in trade taxes in the second quarter.

District communities

In the first half of 2021, the share of trade tax income of the municipalities in the total trade tax income in Hesse was 52.2 percent (1.44 billion euros). Like most independent cities, the municipalities belonging to the district recorded higher trade tax income of 734.8 million euros in the first quarter of 2021 than in the second quarter of 2021 (704.5 million euros). +++

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