Germany

Tax-News.com: Germany Issues EU Presidency Tax Priorities

On September 22, 2020, Germany provided further details about the government's tax policy priorities for its presidency of the European Union.

Tax-News.com: EU Expecting COVID-19 Dent In 2020 VAT Collections

The European Commission has published its latest VAT gap report, which show that EU countries lost an estimated EUR140bn (USD165.7bn) in VAT revenues in 2018.

Tax-News.com: Germany Releases New VAT Manual For 2019/20

On September 2, 2020, the German Ministry of Finance announced that the official value-added tax manual for 2019/20 has been published online.

Tax-News.com: France Extends COVID-19 Tax Deals For Cross-Border Workers

The French Ministry of Finance confirmed on August 31, 2020, that several tax agreements applying to cross-border workers during the COVID-19 crisis have been extended.

Tax-News.com: German FM Scholz Optimistic About 2020 Digital Tax Consensus

German Finance Minister Olaf Scholz is optimistic that an international agreement on taxing the digital economy will be reached this year.

Tax-News.com: German Tax Payment Relief For Airports Approved By EU

The European Commission has approved a broader support package, proposed by authorities in Germany, for German airport operators.

Tax-News.com: Germany To Provide Personal Income Tax Relief

On July 29, 2020, the German Federal Cabinet approved a draft tax law including personal income tax relief measures.

Tax-News.com: Germany Issues FAQs On Temporary VAT Cut

On July 16, 2020, the German Ministry of Finance posted answers to frequently asked questions on its website with regards to the temporary value-added tax cut.

Tax-News.com: J5 Group Marks Two Years Of Collaboration On Tackling Fiscal Crime

On July 13, 2020, the US Internal Revenue Service (IRS) issued a progress report on the last two years' work of the J5 group of five advanced countries, who are working collaboratively to tackle cross-border tax fraud.

Tax-News.com: German EU Presidency Releases Tax Agenda

The newly instated German presidency of the European Union will focus on introducing internationally agreed tax rules for digital companies, according to the presidency's policy agenda.

Tax-News.com: German Parliament Approves COVID-19 Tax Package

Both houses of the German parliament have now approved the EUR130bn (USD146bn) COVID-19 economic stimulus plan, which includes numerous tax relief measures.

Tax-News.com: Belgium Extends COVID-19 Cross-Border Worker Tax Deals

Belgium has extended agreements with France, Germany, Luxembourg, and the Netherlands clarifying the tax rules for frontier workers working from home due to COVID-19.

Tax-News.com: German Cabinet Approves COVID-19 Stimulus Package

A EUR130bn (USD148bn) fiscal stimulus package with numerous tax measures, intended to help revive the German economy following the COVID-19 pandemic, was approved by the Federal Cabinet on June 12, 2020.

Tax-News.com: German Cabinet Agrees Hike To Carbon Taxes

On May 20, 2020, the German Cabinet agreed on new regulations that will set higher carbon prices from 2021 than those originally envisaged in the Government's Climate Protection Program, which was partially approved by parliament in November 2019.

Tax-News.com: IRS Clarifies Tax Treaty References To NAFTA

On May 19, 2020, the United States Treasury Department and the Internal Revenue Service issued an Announcement which clarifies the interpretation of references in US income tax treaties to the North American Free Trade Agreement once it is replaced by the Agreement between the United States, Mexico and Canada.

Tax-News.com: COVID-19: Belgium, Germany Conclude Cross-Border Worker Agreement

On May 13, 2020, the Belgian tax authority announced that the competent authorities of Belgium and Germany have concluded an agreement which clarifies the tax situation of cross-border workers in the context of the COVID-19 health crisis.

Tax-News.com: German Cabinet Approves COVID-19 VAT Cut For Catering

On May 6, 2020, the German Cabinet adopted the draft Coronavirus Tax Assistance Act, which provides for a temporary reduction in value-added tax on food served in catering outlets.

Tax-News.com: OECD Releases Taxing Wages 2020 Report

The OECD has released its Taxing Wages 2020 report, which highlights that taxes on labor across the OECD countries fell for the sixth consecutive year in 2019.

Tax-News.com: OECD Schedules BEPS Webcast For Early May

The OECD has scheduled a new Tax Talks webcast to update stakeholders on its work on the reform of international tax rules for the digitalized economy.

Tax-News.com: Germany Explains COVID-19 Tax Refunds

On April 23, 2020, the German Ministry of Finance confirmed that taxpayers suffering from liquidity problems due to COVID-19 can apply for a refund of advance tax payments made in 2019.

Any questions ? Feel free to contact us.