In the case of partnerships such as a GbR, a KG or a OHG, the results attributable to each individual partner are determined as part of the uniform and separate profit assessment declaration. Trade tax is only payable if a trade is operated in Germany.
Tax advice also includes the correct tax treatment of
- the distinction between business assets and private assets,
- Deposits and withdrawals,
- Special operating expenses and special operating income,
- the correct booking of the shareholders’ capital accounts.
These results are assessed by the tax office in the place where the respective shareholder is resident.
Which tax returns must be submitted by corporations or freelancers and sole proprietorships?
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