Judgment: Treasury cashes in on entrepreneurs in case of default - despite taxes paid on time
Even without tax arrears, a late payment penalty is due as soon as entrepreneurs exceed the deadline for submitting their profit assessment. The Federal Tax Court is ending the lenient practice.
A German court has ruled that a late tax filing can result in a penalty, even if no additional taxes are owed. The case involved a partnership (GbR) that filed its 2020 tax return in December 2022, four months after the deadline. The tax authority imposed a penalty of €966, which was upheld by the Federal Tax Court (Bundesfinanzhof). The penalty is calculated automatically at 0.0625% of the declared income, with a minimum of €25.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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