CPCon German Expat Tax Quick Check
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CPCON QUICK-CHECK E XPAT TAXATION 1 How long do I have to pay taxes in Germany? In Germany you are only obliged to pay taxes if you have taxable income. This is different to the US law that always demands a tax return of their citizens also in case of no taxable income. 2 Do I have to file a tax return in Germany if working temporarily in Germany for a US Company? Yes, any person or entity having an income, profits, revenues needs to file a tax return in Germany, excemptions depending on tax class. 3 Are there advantages for Expats in Germany regarding the US- German Double Taxation Treaty? In most cases is the answer yes. The basic idea of the US-German Double Taxation Treaty is to avoid double taxation. But, this treaty should just be the base of your consideration, there is further room for personalization of your individual tax case. German Tax Authorities do not consider the best solution for each individual. This remains in the responsibilty of the tax payers themselves. LOST IN GERMAN TAX ISSUES? NEED ADVICE AND A SECOND OPINION ON GERMAN TAX LAW? Business becomes global, so must advice. We connect experts in both countries, getting the best out of it. Tax consultancy for Expats, International companies and US consultants on Ger- man taxation issues. Andreas-A.PorsielSteuerberater/GermanCPA/TaxSpecialist Atlanta USA | Düsseldorf Germany | www.germany-tax.com Please note: This is not a legal advice, each indivi- dual case must be examined professionally.
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CPCon is specialized on German Tax advice for companies, US/German Expats, German pensioners and retirees in the US as well as consulting support for US CPA's and US Lawyers in German tax law.
Transcript of CPCon German Expat Tax Quick Check
CPCON QUICK-CHECK EXPAT TAXATION
1How long do I have to pay taxes in Germany?
In Germany you are only obliged to pay taxes if you have taxable income. This is different to the US law that always demands a tax return of their citizens also in case of no taxable income.
2 Do I have to file a tax return in Germany if working temporarily in
Germany for a US Company? Yes, any person or entity having an income, profits, revenues needs to file a tax return in Germany, excemptions depending on tax class.
3Are there advantages for Expats in Germany regarding the US-
German Double Taxation Treaty? In most cases is the answer yes. The basic idea of the US-German Double Taxation Treaty is to avoid double taxation. But, this treaty should just be the base of your consideration, there is further room for personalization of your individual tax case. German Tax Authorities do not consider the best solution for each individual. This remains in the responsibilty of the tax payers themselves.
LOST IN GERMAN TAX ISSUES? NEED ADVICE AND A SECOND OPINION ON GERMAN TAX LAW?
Business becomes global, so must advice. We connect experts in both countries, getting the best out of it. Tax consultancy for Expats, International companies and US consultants on Ger-man taxation issues.
Andreas-A. Porsiel Steuerberater/ German CPA/ Tax Specialist Atlanta USA | Düsseldorf Germany | www.germany-tax.com
Please note: This is not a legal advice, each indivi-dual case must be examined professionally.
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4Being a German Expat in the US - do I have to file my tax return in
Germany even if not working there?
Not necessarily, but we rec-ommend it almost always if
you have had tax deductable in-come in this period. In this case a filing of your tax return in Ger-many could reduce your tax bur-den significantly.
5What kind of German taxation do I have to face if owning
property in the US/ in Germany?
The taxation in Germany can be different from case to
case. If you use the properties for your own purpose, there is normally no taxation issue. If properties are leased out and realizing profits then taxation can be expected.
GERMAN CLIENTS CUSTOMERS ? WE SUPPORT U.S. CONSULTANTS (CPAS, LAWYERS) ON ANY GERMAN TAXATION ISSUE.
Please note: This is not a legal advice, each indi-vidual case must be examined professionally.
Expat Tax SolutionsCPCon IncUS-German Business Services
