Germany

Value Added Tax

  • Extension for VAT payments / acceptance of instalment payments
  • Waiver of interest payments
  • Waiver of late payment fines

Corporate Income Tax

  • Reduction of advance payments of corporate income tax / income tax for 2020.
  • Extension for tax payments / acceptance of instalment payments.

Social Security Contributions or Payroll Tax

  • Collection measures with respect to payroll taxes may be suspended.
  • Suspension of payroll taxes maybe applied for.

Other relief measures

  • State Owned Bank (KfW) is to finance gaps.
  • Package of measures to mitigate the impact of the coronavirus.

Additional comments

  • In most of the cases, taxpayers have to provide evidence that they are affected by the current Corona crisis.
  • However, significant simplifications are foreseen with regard to this evidence (e.g., simple statements or special forms).