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Schaeuble Sees No Transaction Tax in 2013, Rheinische Post Says

German Finance Minister Wolfgang Schaeuble doesn’t envisage a financial transaction tax until 2014 at the earliest, Rheinische Post reported, citing a letter from Deputy Finance Minister Werner Gatzer to government departments.

No income from the tax can be expected in 2013, the letter said, according to the newspaper.

To contact the reporter on this story: Sheenagh Matthews in Frankfurt at smatthews6@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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