Is there a reporting obligation?
According to guidelines from the National Tax and Customs Administration (NAV) published in October, it doesn’t have to be reported within 30 days if a partner company renounces being paid a collection flat rate – informs MAZARS. Earlier the interpretation was that the extra revenue realised by a renounced claim qualifies as donation, therefore it has to be reported. Gabriella Gábor, senior audit manager of MAZARS pointed out that the collection flat rate still mustn’t be ignored or specified as a sum lower than EUR 40.
Related news
More related news >
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >