5 Dec

Advance sales tax return? VAT VA

In Germany, it is obligatory for all businesses to pay value added tax (input tax). According to the German Value Added Tax Act (UStG), the entrepreneur must pay the amounts thus collected to the tax office.

Many businesses have to submit an advance return for turnover tax on a monthly or quarterly basis. With this, they show, among other things, the VAT already paid and have to pay it to the tax authorities. If applicable, they receive a refund through this process if there is an input tax surplus.



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