21.06.2022 Change in pension taxation before the end of this year (News ... The German government intends to present a bill before the end of the year to amend the statutory regulations governing the taxation of retirement income arising from basic pensions. Categories: Official PronouncementsKeywords: pension, pension contributions
21.06.2022 Identical decrees issued by the highest tax authorities of t ... On 20 June 2022, the German Federal Ministry of Finance (MoF) published identical decrees issued by the supreme tax authorities of the Federal States on certain application issues in relation to the extended reduction of trading income pursuant to Section 9 No. 1 Sentences 3 and 4 of the Trade Tax Act as amended by the “Act to strengthen Germany as a location for funds and to implement Directive (EU) 2019/1160 amending Directives 2009/65/EC and 2011/61/EU with regard to the cross-border marketing of undertakings for collective investments” – in short the “Fund Location Act” of 17 June 2021. Categories: Official PronouncementsKeywords: trade tax, tax incentive, electric mobil ...
10.06.2022 UPDATE: Fourth Corona Tax Assistance Act: amendments to the ... After the Bundestag adopted the Fourth Corona Tax Assistance Act in its session on 19 May 2022 following the resolution recommendation of its Finance Committee, the Act is now on the agenda of the Bundesrat for 10 June 2022. Categories: Official Pronouncements, Tax & Legal New ...Keywords: Corporation tax, Income Tax Act
07.06.2022 Federal Ministry of Finance: Effects of the so-called 9-Eur ... On 31 May 2022, the German Federal Ministry of Finance (MoF) published a circular on the salary withholding tax treatment of supplementary payments by employers to employees' expenses for local public transport during the period in which the so-called 9-Euro-Ticket is available. The circular provides practical guidance on the application of the tax exemption of Section 3 Number 15 of the German Income Tax Act (ITA) vis-à-vis the 9-Euro ticket Categories: Official Pronouncements, Tax & Legal New ...Keywords: Personal expense deduction, Income Tax A ...
02.06.2022 Tax Relief Act 2022 enters into force The Tax Relief Act 2022 was published on 31 May 2022 and has thus entered into force. Categories: Official Pronouncements, LegislationKeywords: Income Tax Act
12.05.2022 Federal Ministry of Finance publishes circular on the income ... On 11 May 2022, the German Federal Ministry of Finance (MoF) published a circular on the income taxation of virtual currencies and other tokens in coordination with the Supreme Tax Authorities of the German Federal States. Categories: Official PronouncementsKeywords: virtual currencies, Income tax
06.05.2022 Ministry of Finance circular - Repayments of capital by thir ... In a recent circular the German Federal Ministry of Finance (MoF) addresses the tax issues arising from the repayment by third-country corporations of contributions, in relation to both repayments of contributions of nominal capital as well as repayments of contributions made into the free capital reserves. The Supreme Tax Court has previously commented on this set of issues in various previous decisions. In its current circular, the MoF gives guidance on the application of these Supreme Tax Court case law principles. Categories: Official PronouncementsKeywords: Corporation tax, third country, capital ...
29.04.2022 VAT treatment of granting access to airport lounges In a most current circular, the Federal Finance Ministry has commented on the VAT situation for the provision of access to airport lounges as in contrast to normal travel services. Categories: Official PronouncementsKeywords: Travel service, airport lounge, air trav ...
04.04.2022 Further extension of declaration deadlines for the 2020 taxa ... On 31 March 2022, the German Federal Ministry of Finance (MoF) published a circular on the further extension of the tax declaration deadlines for the 2020 period of assessment by the Fourth Corona Tax Assistance Act. Categories: Official PronouncementsKeywords: filing deadlines, tax declarations
30.03.2022 UPDATE: Federal Ministry of Finance publishes Tax Relief Bil ... Following the release on 23 February 2022 by the Committee of the Coalition Government of a paper entitled “10 Steps to Relieve our Country”, the Federal Ministry of Finance published the draft Tax Relief 2022 bill on 2 March 2022. Categories: Official Pronouncements, LegislationKeywords: Income tax, tax relief, coal
17.02.2022 Fourth Corona Tax Relief Act - Draft Bill - UPDATE!! The German Federal Ministry of Finance has presented the draft bill for a fourth act implementing tax relief measures to address the Corona crisis (Fourth Corona Tax Relief Act) the following tax measures,inter alia, are envisaged: Categories: Official Pronouncements, LegislationKeywords: Coronavirus (COVID-19), Loss relief, Inc ...
08.02.2022 German Federal Ministry of Finance (MoF) published two circu ... On January 27, 2022, the German Federal Ministry of Finance (MoF) published two circulars in relation to the royalty limitation rules. Categories: Official PronouncementsKeywords: royalties, royalty limitation rules, nex ...
09.12.2021 Federal Ministry of Finance : Circular on Tax Measures aimed ... Further extension of the procedural tax relief regulations. Categories: Official PronouncementsKeywords: Coronavirus (COVID-19), Income tax, corp ...
22.11.2021 COVID 19 Measures - Latest Update Against the background of a fourth Covid 19 wave in Europe, certain measures, due to expire, have been extended. Categories: Official Pronouncements, From EuropeKeywords: Coronavirus (COVID-19), furlough, govern ...
29.10.2021 Draft statutory instrument with black-list of non-cooperativ ... The Act on the Defence against Tax Avoidance and Unfair Tax Competition (DTAUTC) of June 25, 2021 (BGBl. I p. 2056 introduced certain administrative and legislative measures in relation to those states and territories (tax jurisdictions) which qualify as non-cooperative tax jurisdictions under Section 2 (1) DTAUTC. Categories: Official PronouncementsKeywords: non-cooperative jusridictions, EU black ...
29.10.2021 Ministry of Finance publishes draft Corporate Income Tax Reg ... In a letter dated October 27, 2021, the German Federal Ministry of Finance sent a draft of the Corporate Income Tax Regulations 2022 (CITR) to the associations for comments. Categories: Official PronouncementsKeywords: corporate income tax, Corporate Income T ...
30.09.2021 Statutory interest rate unconstitutional: Ministerial circul ... The Federal Finance Ministry has issued a circular on the implementation of the decision of the Federal Constitutional Court of July 8, 2021 regarding the inappropriate statutory interest rate on late payment and refund taxes. The ministerial notice will have to be applied for the transitional period until retroactive new provisions on the interest rate pursuant to sections 233a, 238 (1) sentence 1 of the German Fiscal Code (AO) for interest periods starting on or after January 1, 2019 are in place. Categories: Official PronouncementsKeywords: tax refund, statutory interest rate, lat ...
26.08.2021 Questionnaire for VAT registration of foreign entrepreneurs In a current circular the Federal Finance Ministry introduces model forms for 2021 and subsequent years with respect to the VAT registration of entrepreneurs domiciled abroad. Categories: Official PronouncementsKeywords: VAT registration, foreign entrepreneur
23.08.2021 Update: VAT - Place of performance of educational or similar ... The Federal Tax Office, by way of a circular, has adjusted its VAT Application Ordinance with regard to the 2019 ruling by the European Court of Justice on the determination of the place of supply of services in connection to the admission to educational events. Categories: Official PronouncementsKeywords: Place of supply of services, educational ...
15.07.2021 VAT treatment of services provided by stock exchanges and ot ... In a current circular, the tax authorities generally comment on the VAT treatment of services provided by exchanges and other trading platforms for financial products and, in this respect, partially amends an earlier decree issued in 2018 with regard to trading platforms for the acquisition or trading of Bitcoin and other so-called crypto currencies. Categories: Official PronouncementsKeywords: Cryptocurrencies (Virtual Currencies), b ...
