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.
Related Posts
Germany publishes DAC8 data set for crypto-asset reporting
Germany’s Federal Ministry of Finance has released the officially prescribed data set for DAC8 reporting, applicable to crypto-asset service providers under the Kryptowerte-Steuertransparenz-Gesetz (KStTG). From 2027, providers must
Read More
Germany updates provisional CRS jurisdiction list for 2026
The German Federal Central Tax Office published CRS Newsletter 01/2026 on 20 February 2026, which provides the provisional list of participating jurisdictions for the automatic exchange of financial account information under DAC2, the CRS MCAA, and
Read More
IMF Recommends Tax and Spending Reforms for Germany
On 12 February 2026 the IMF issued a report following consultations with Germany under Article IV of the IMF’s articles of agreement. The economic shocks in recent years and weak underlying productivity growth contributed to two years of negative
Read More Germany updates Global Minimum tax FAQs with new ‘Side-by-Side’ guidance
Germany’s Federal Ministry of Finance revised its Global Minimum Tax FAQs on 16 February 2026. The update primarily adds guidance on the “side-by-side” arrangement endorsed by the BEPS Inclusive Framework in January 2026, which is intended,
Read More Germany publishes draft permanent establishment guidelines
The German Federal Ministry of Finance has released a draft of its revised guidelines on permanent establishments (PEs) in domestic and international tax law. These guidelines are intended to replace the previous version issued in December
Read More Germany enacts law to strengthen financial sector, promote private investments
Germany published the Act on the promotion of private investment and the financial sector in the Official Gazette (BGBl. I 33/2026) on 9 February 2026 . The Act aims to strengthen Germany’s financial sector and encourage private investment through
Read More