Can I apply differential taxation or standard taxation of 19% on everything when selling? The retail price is €350. There is no input tax. How do I correctly record the assessment basis if necessary?
Hello, I'm currently in the process of preparing a liquidity plan, but I'm stuck on the topic of taxes, interest, and principal . Where do these factors come into play? The legal form is a GbR with two partners, meaning that profits are subject to income tax. Currently I have it like this: Deposits (+)…
Hello, where is the VAT prepayment taken into account in cost planning/liquidity planning? Currently I have it like this: Deposits (+) Sales volume Equity capital Loan disbursements Payouts (-) Cost of goods sold Personnel costs Room costs Interest expense = Cash flow before taxes and repayment Steer (-) VAT advance payment trade tax Repayment (-)…
Hello, I have founded a small business and am exempt from sales tax. Now I could supply a supermarket with my decorative items. However, I have to include the sales tax on the invoice. What happens now? Despite the exemption, can I voluntarily declare the sales tax and pay it accordingly for this supermarket, or…
So I, entrepreneur A in Germany, sell to entrepreneur B in another EU country. How do I invoice Entrepreneur B if it is not supposed to be a tax-free igL? If I then charge him 19% VAT, can he claim input tax deduction in his country?
For example, Mediamarkt buys iPhones for resale. Where do they buy them so they can make a profit? Do they then pay sales tax on wholesale purchases? Because they have to add 19% of the purchase price to the retail price. How else is it profitable?
Good day, I'm currently in the process of completing my tax return for 2023. I have a total of €21,500 in expenses invoiced via the EU reverse charge at 19%. 500€ are income from credits via Reverse Charge EU 19%. Of the €21,500, I can claim 19% as input tax, but at the same time…
Screenshot from Elster VAT return: What does input tax deduction mean in this context? Intra-Community deliveries to other EU countries are tax-free for the supplier or seller anyway, so why should input tax be deducted? What does this mean? Can input tax be deducted for intra-community acquisitions?
What is wage tax and sales tax? Do you have to pay wage and sales tax?
What do you think about the idea of Germany abolishing input tax like the USA does? When selling, the seller retains the 19% and if he buys something himself he can do so tax-free.
Hello, If I have a company from Belgium send clothes to me in Germany and then drive to Luxembourg at some point and drop them off at a shop there. What do I need to be aware of regarding supporting documents and taxes? I received a signed certificate of entry from the store in Luxembourg….