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Germany's fiscal administration is divided into federal tax authorities and state tax authorities. The local tax offices (Finanzamt, plural Finanzämter) belong to the latter. They administer the "shared taxes" for the federation and the states and process the tax returns. The number of tax offices in Germany totals around 650.
The Federal Central Tax Office (German: Bundeszentralamt für Steuern, abbreviated BZSt) is a German federal agency responsible for administering various sections of the country's tax code. It was created out of its current parent agency, the Federal Ministry of Finance , on 1 January 2006 and has approximately 2,200 employees.
The German newspaper FAZ stated, the Ministry of Finance is the most important Ministry in the German government. [3] The Finance Ministry is responsible for all aspects of tax and revenue policy in Germany and plays a significant role in European Union policy. It has nine directorates-general: [4]
The German government’s tax revenue is likely to sink by 81.5 billion euros ($88.4 billion) this year as a result of the coronavirus crisis, the first drop since the financial crisis a decade ...
Germany: Federal Central Tax Office (German: Bundeszentralamt für Steuern; BZSt) On a federal level (16 regional tax offices exist) Hungary: National Tax and Customs Administration (Hungarian: Nemzeti Adó- és Vámhivatal; NAV) Since 1 January 2011 Iceland: Directorate of Internal Revenue — India
the value added tax (VAT) the federal direct tax (FDT) the withholding tax; the stamp duty; the military service substitute tax; Subdivisions of the FTA also take care of the application and enforcement of tax law, provide information on tax issues, further develop the tax system and help resolve international tax issues (e.g., double taxation ...
The Customs Service, as part of the Finanzverwaltung (fiscal administration), ensures the flow of revenue from federal trade tariffs and taxes (excise taxes—Branntwein taxes, electricity taxes, tobacco taxes, energy taxes, etc., including the beer tax, the revenues from which go to the German states), as well as revenues of the European Union (75% of all tariff income goes to the EU, 25% are ...
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