FAQ topic: Taxes in Germany

Journeys to work make up part of the so-called professional expenses which must be entered in Appendix N of the tax declaration (annex for…

A lot of employees look forward to their employer providing them with a fancy service car. The joy is even greater if they are…

Under German tax law, the intention to make a profit (Gewinnerzielungsabsicht) is a fundamental requirement for an activity to be recognized as a business…

The German VAT declaration briefly explained

As foreign companies set foot in Germany, they need to unravel the rules of profit taxes and regulations. This understanding is vital to follow…

The acquisition of a doctorate degree or doctorate studies often exposes you to much more lucrative job opportunities than a bachelor’s or master’s degree.

German VAT reduction from July 1st 2020 The reduction in sales tax (VAT) from 19% to 16% and 7% to 5% will take effect…

The taxes payable on the sale of shares vary depending on the amount and duration of the shareholding. Similarly, heirs or recipients of a…

To minimize the risk of tax audits and back payments related to employee benefits, companies should: Tax audits are a normal part of doing…

Here is a comprehensive look at how employee benefits impact the German tax system for both employers and employees: Both employers and employees need…