Germany MOF Issues 2023 Income Tax Handbook

The German Ministry of Finance July 11 issued the Income Tax Handbook for 2023. Topics covered include: 1) relevant definitions; 2) an introduction on the Income Tax Act (EStG), the Income Tax Implementation Ordinance 2000 (EStDV 2000), and the Income Tax Guidelines 2012 (EStR 2012); 3) factual conditions for income taxation, including the scope of taxation and negative foreign income; 4) a clarification that the provisions of the Wage Tax Implementation Ordinance, with regard to the tax liability or tax exemption of employment income, must be applied in the specified assessment; 5) VAT input tax deductions and the impact of ...