On 19 March 2020, the Federal Ministry of Finance (BMF) published a decree on the tax measures in response to the coronavirus (COVID-19) pandemic. Taxpayers who can demonstrate that they are directly and significantly affected by the coronavirus can apply for a reduction in the trade tax base for prepaid trade tax purposes until 31 December 2020. The tax authorities may defer taxes if the collection would constitute a significant hardship. Taxpayers can submit an application for deferral of taxes due or becoming due by that date until 31 December 2020. A waiver of enforcement measures or penalties for late payments is to be granted until 31 December 2020. The next advance payments dates are 10 June 2020 for income tax and corporate tax, and 15 May 2020 for trade tax.
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