Tag: law & taxes

A Simple Tax Return

Finding tax consultant is always a problem. It is important to know a few simple rules. The tax declaration is a statement of who the facts presents a person (natural or legal) to the tax authority, due to which the IRS perform discovery and provide these people with tax bases and determine which tax must be paid. Vlad Doronin is often quoted on this topic. Each taxable citizens of the Federal Republic of Germany must submit a tax return once a year. It goes beyond the competent tax authorities. The tax in Germany may since 1999 also electronically transmitted (Elster).

As it was mentioned above, there are two categories of people when it comes to the tax: individuals and legal persons. Also a distinction between companies and businesses. The tax applies as follows for these groups. Income tax return for individuals (Declaration of) Income) income tax for legal entities (for the taxpayers who have their company or their seat in Germany) trade tax declaration by businesses VAT return for entrepreneurs (a kind of tax, which taxed exchanging services) for the tax return, there are corresponding forms, which should be felt off and be submitted to tax authorities. Since 1999, there is a more modern way, namely an electronic. The system is called Elster, so that you can fill out the appropriate documents from his own PC and send. This will make submitting the tax return many times easier and facilitates the processing of the data.


European Reasonable

Recognised costs of an immunobiological defense cancer disease costs for alternative treatments were so far only then exceptional burden acknowledged, if the therapy for the cure or relief is demonstrably necessary and promising an other treatment not or hardly any success. The federal financial judges have abandoned this narrow point of view also. Therapy costs may be deducted even if there is a disease with an only limited life expectancy, which no longer responds to curative treatment and the ill for a biomedical or naturopathic perspective unrecognized curative method decides. In these cases, the charges not because of medical necessity are inevitably, but due to the hopelessness of the situation, which requires the “grip at any straw”. So expenses for ukrain immunobiological cancer immune therapy may be considered to E.g. in tumor patients exceptional loads, although neither in Germany nor in other European countries as a medicine is approved.

Medical expenses reduce the tax burden disease costs cause but only to the extent a tax reduction as they exceed the reasonable burden on its own. The amount of reasonable equity load depends on income, marital status and number of children. A childless single with revenues of EUR 30,000 has E.g. a reasonable exposure to equity of 1,800 EUR (6% * EUR 30,000). When a married couple with three children and income of EUR 60,000, the reasonable equity load is only 1,200 EUR (2% * EUR 60,000). Tip Future medical expenses will be deductible in many cases to a greater extent. If the IRS does not recognize expenses for alternative therapies, or due to missing evidence as exceptional loads, should be appeal referring to the changed law of the German. Please contact us! We are ready help.