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Germany MOF Announces Various Tax Measures Due to War

March 22, 2022, 5:00 AM

The German Ministry of Finance March 17 announced various tax measures due to the ongoing Russia-Ukraine conflict. The announcement includes measures to: 1) provide verification procedures for donations made by legal entities for tax purposes; 2) allow fundraisers by tax-privileged entities for victims of the war as charitable donations; 3) include temporary housing accommodations for war victims within tax-privileged facilities; 4) provide tax-free allowances for specific employee wage donations; and 5) provide VAT exemptions and input tax deductions for supplies of relief materials. The measures apply from Feb. 24 to Dec. 31. [Germany, Ministry of Finance, 03/17/22]

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