Category: Tax

Definition and legal basis The income statement is a key accounting tool and is defined in Section 275 of the German Commercial Code (HGB). It ...

Definition and legal basis The balance sheet is a key accounting instrument and is defined in the German Commercial Code (HGB) in Section 242 ff. ...

Definition and legal basis In VAT law, opting refers to the waiver of VAT exemption and the voluntary decision to become taxable. Legally, this is ...

Withholding tax is a tax collection procedure in which tax is withheld directly at the source of income and paid to the relevant tax office. ...

Definition and legal basis: The Foreign Tax Act (AStG) is a German tax law that regulates the taxation of cross-border situations. It was introduced in ...

Definition and legal basis: The flat-rate withholding tax is a special form of taxation of investment income in Germany. It was introduced in 2009 as ...

Definition and legal basis: A business split is a construct under tax law in which a single business is divided into two legally independent companies: ...

Definition and legal basis: The fiscal unity is a tax construct that allows several legally independent companies to be combined into a single tax entity. ...

Definition and legal basis: Depreciation, also known as depreciation for wear and tear (AfA), is a tax and business concept for distributing the acquisition or ...

Definition and legal basis: The research tax allowance is an instrument for promoting research and development (R&D) in companies. It was introduced in Germany with ...

Definition and legal basis: Withholding tax is a form of tax collection in which the tax is withheld directly at the source of the income ...

Definition and legal basis: Capital gains tax is a special form of income tax or corporation tax levied on investment income. It is withheld directly ...

Definition and legal basis: The retention allowance is a tax regulation that enables partnerships and sole proprietorships to pay tax on profits that are not ...

Definition and legal basis: Income tax is a direct tax on the income of natural persons and is one of the most important sources of ...

Definition and legal basis: The advance VAT return is a provisional tax return that entrepreneurs must regularly submit to the tax office. It is used ...

Definition and legal basis: The sale of an investment refers to the sale of shares in a company, typically in a corporation such as a ...

Definition and legal basis: Trade tax is a real tax levied by municipalities on the objective earning power of a commercial enterprise. It is one ...

Definition and legal basis: The deduction of business expenses is a fundamental principle of tax law that enables entrepreneurs and self-employed persons to claim tax ...

Definition and legal basis: The loss deduction is a tax law instrument that allows taxpayers to offset losses from one assessment period against profits from ...

Definition and legal basis: Corporation tax (KSt) is a tax on the income of legal entities, in particular corporations such as GmbHs and AGs. It ...