Germany’s Ministry of Finance (MOF) released decrees on 21 and 22 December 2020 that extend various tax measures in response to the coronavirus (COVID-19), including administrative measures relating to corporate income tax payments and extension of corporate filing deadline for 2019.
Accordingly, taxpayers that are “directly and seriously affected” by COVID-19 may apply for the deferral/suspension of taxes due until 31 March 2021, and the deferral/suspension for approved applicants will be granted until 30 June 2021 without being charged interest. An additional extension of the deferral/suspension until 31 December 2021 may be granted in connection with an installment payment plan. Furthermore, the possibility to apply for an adjustment of advance payments of corporate income tax under a simplified procedure for taxpayers that are “directly and seriously affected” by COVID-19 is extended until 31 December 2021. The Ministry of Finance also extended the general filing deadline for 2019 corporate income tax returns that are prepared by certified tax advisors from 28 February 2021 to 31 March 2021. An additional extension can be granted upon request under certain circumstances.
