06:38 Oct 9, 2018 |
German to English translations [PRO] Law/Patents - Law: Taxation & Customs | |||||||
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| Selected response from: Birgit Gläser Germany Local time: 09:20 | ||||||
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4 | cover this via flat-rate taxation |
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cover this via flat-rate taxation Explanation: The giver can cover this via flat-rate taxation, however also in this case value thresholds apply. Assuming this refers to gifts given to employees. Different tax rates apply whether an employee is taxed for a gift/benefit as benefit in kind or if the employer takes over taxes (it is a gift after all, so you don't want to make the employee pay for it) at a reduced tax rate. I chose cover, because the employer does not take over taxation in the same extent as the employee would be taxed. The giver does not pay a lump sum, but a reduced tax rate on the gift value. As far as I know, gifts to externals/customers are not taxed, but can rather be claimed as cost. |
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