Since business tax is levied on the objective earning power of a commercial enterprise is, it is also known as trade income tax. It contributes significantly to the financing of cities and towns and abroad in such form not to be found. The legal basis for the collection of GwSt. make the business tax law (GwStG.), the business tax, business tax policies and implementing regulation
Who pays business taxes?
charge within the meaning of the first business tax is any company that generates its revenue from this business. Regardless whether it is a person or corporation is. Reason that the general business tax as a the "fairest" tax called because this is caused by the trade cost "refinance". liberal professions and agricultural and forestry businesses are in. usually not as trade tax.
base and calculation
The base is used by local trade income, net of income and corporation tax. This gain is reduced by certain additions and deductions, or increased. The resulting revenue be multiplied with the tax rate to the resulting tax base value. Ultimately to the tax base value, the assessment rate applied to the municipality to set the business tax burden. By 2007, business tax payments of companies could be deducted as business expense. This is no longer possible since 2008. Partnerships and sole proprietorships, however, have a basic allowance of 24,500 €, this will be deducted from the determined trade income.
characteristics of the assessment rate
the business tax is based on location. That is not different from that cities and communities can determine their own assessment rate. There are a minimum rate of 200%. Communities, it is a matter left to how high or how low they create their rate of assessment for companies "to attract" either or "deter".
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