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German Federal Ministry of Finance changes principles for VAT classification of rental and leasing contracts – VATupdate
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German Federal Ministry of Finance changes principles for VAT classification of rental and leasing contracts

The German Federal Ministry of Finance has redefined the principles for the classification of rental and leasing contracts from a VAT perspective. In doing so, it has abandoned the reference to income tax law. In future, two aspects in particular will have to be anchored in rental and leasing contracts. Entrepreneurs should now review existing contracts. New rental and leasing contracts offer potential for design.

Source: kmlz.de



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