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BMF News: Public Sector Input Tax Deduction Regulations Update

  • The German Federal Ministry of Finance has issued a new statement regarding the input tax deduction for public sector entities
  • Changes to the regulations for the entrepreneurial status of public sector legal entities were made in 2015
  • Transition rules have been put in place for the application of the new regulations
  • Special rules apply to public sector entities regarding input tax deduction
  • The new rules apply to tax periods under the new regulations and not subject to previous declarations

Source: haufe.de

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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