Archiv der Kategorie: Anglo American Platform
Accounting for pension liabilities and similar obligations under BilMoG
Influenced by the International Financial Reporting Standards, the “Gesetz zur Modernisierung des Bilanzrechts (BilMoG)“ brought significant changes to German GAAP. The modifications pertain to (commercial) financial statements for fiscal years beginning after December 31, 2009 and affect pension accounting in … Weiterlesen
Local German Business Tax
Germany imposes certain taxes on profits of domestic and foreign corporations with a permanent establishment in Germany. There are federal taxes such as corporation income tax (tax rate: 15%) and solidarity surplus charge (tax rate: 5,5% on corporation income tax … Weiterlesen
Tax Assessment and Income Tax
Most Anglo-American countries adopted a self-assessment regime in order to collect income tax. This means that an individual has to declare his or her taxable income and deductible expenses. Every taxpayer has to calculate his own income taxes. There are … Weiterlesen
Haushaltsnahe Dienstleistungen / Deductible Property Service Fees
In Deutschland können Privatpersonen bestimmte privat veranlasste Ausgaben steuerlich geltend machen. Hierbei handelt es sich um bestimmte Ausgaben für selbst genutzte Wohnungen. Begünstigt sind nicht nur Ausgaben für das Familienwohnheim, sondern auch für andere Wohnungen wie beispielsweise Ferienwohnungen. Gefördert werden … Weiterlesen
German taxation of Expats
A lot of individuals are moving to Germany. Some are coming for professional other for private reasons. But both will be confronted with German tax issues. Since the German tax system is complicated it is always advisable to consult a … Weiterlesen
