Before you move to Germany, it’s good to be familiar with the taxation system – this will be of utmost importance to those who will be working in the country. In Germany, the main taxes are income tax and social security contributions, as well as solidarity tax, VAT, and church tax....
What effects does a VAT exemption have on input tax deduction? Input tax deduction is a central concept of the German VAT system. It enables companies to reclaim input tax, i.e., the VAT shown on invoices from the tax office from other companies, and thus deduct it from their tax liabil...
"At the same time, the coalition agreement is disappointed with regards to reforms of the German taxation system," Wollmershaeuser added. He criticized that Berlin had so far showcased no desire to follow the path of the U.S. and United Kingdom in slashing corporate taxation rates....
Police said the car, which crashed through the first set of glass doors of Willy Brandt House, the SPD's headquarters, was laden with petrol canisters and gas cartridges. The building's sprinkler system extinguished the resulting blaze. Authorities did not identify the man, in part be...
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On the one hand, the system enjoys a certain degree of autonomy and is therefore called 'indirect state admin- istration', as explained by Dieter Schimanke. On the other hand, the steer- ing by federal legislation is quite extensive. However, in implementing this legislation, the institutions...
The system in which the apex court reviews the legality of decisions of the lower courts creates an environment in which, even when faced with a hard case, the judges of the lower courts might be less inclined to seek creative solutions than the judges of the apex court. The rulings of ...
Germany, acentral European powerhouse, boasts a rich culture and strong economy, anchored by Berlin, its vibrant capital. With a federal parliamentary system, it thrives on engineering, manufacturing, and automotive industries. German labor law follows acodified civil system, prioritizing written legisla...
We suggest that the introduction of a new Bonus-Malus Registration Scheme and the overhaul of the existing Road Tax System are the most promising changes both in terms of their potential to reduce emissions and their likelihood of adoption....