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Essay heading: Germany's Tax Structure and System
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Business |
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| Date added: |
September 30, 2003 |
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12 / 3154 |
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Also, any person receiving income in the United States will be taxed on that income (Taxation in Germany, 2000).
Return Time Frame
Once a person has claimed residency, they have to file a return within a certain amount of time. The calendar year for Germany is from January 1 to December 31, just like the U...
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Individuals must abide by this calendar year. The Individual return is due within five months after the end of the tax year, which is May 31 (U.S. is April 15). A taxpayer can receive an automatic extension (due September 30) if a professional prepared their return. While an individual return must abide by the calendar year, Germany allows a business to adopt a fiscal year, once they have received permission from the tax authorities (Taxation in Germany, 2000)...
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