Ingelheim: richest city in Germany - citizens feel hardly any advantages!

Ingelheim am Rhein, a city in Rhineland-Palatinate, is considered one of the richest cities in Germany. This is due to the high tax revenues that the city drops due to a strong economic background, in particular by the settlement of companies such as Boehringer Ingelheim. Boehringer Ingelheim, founded in 1885 by Albert Boehringer, is the largest pharmaceutical company in Germany and employs over 53,000 people. In 2023 the group achieved sales of 25.6 billion euros.

The high trade tax revenue enables Ingelheim to invest in various projects, including the redesign of the city center. With around 36,390 inhabitants (as of the end of 2023), the city is led by the Mayor Ralf Claus (SPD). In addition to Boehringer Ingelheim, companies such as Weber Inc. and Pax AG are also located in the city. However, many citizens do not necessarily perceive the advantages of the high income.

trade tax in Ingelheim

An essential part of the tax revenue is trade tax. This municipal tax, also known as real tax or property tax, attaches to the taxation object and does not take into account the personal circumstances of the tax debtor. The profits from the commercial activity of sole proprietorship, partnerships and corporations are taxable. The trade tax returns must be submitted to the tax office, which determines the trade tax measurement amount based on the profit.

Ingelheim am Rhein currently has a trade tax rate of 310 %. The trade tax notification forms the basis for the determination of trade tax and the advance payments that are collected by cities and municipalities. The trade tax contributes significantly to the financial strength of the city, such as "https://www.merkur.de/deutschland/rheinland-pfalz/reichsten-staedte-deutschland-ingrheinland-pfalz-galz-galegeld-eine-der-93485412.html"> merkur.de Further information on trade tax can be found on the city's official website, where it is explained that the tax is calculated according to the multiplication factor of the trade tax measurement amount with the rate set by the municipality, such as Ingelheim.de