The new Minimum Tax Act (MinStG) will generally apply from 1 January 2024. With this act, Germany aims to implement key elements of the international agreements on Pillar 2 of the G20/OECD two-pillar solution and ensure a global effective minimum tax rate of 15%.
We support you in all areas relating to minimum taxation, in particular:
- The preparation of tax returns relating to the minimum tax for regular submission to the competent local tax office of the group parent company
- The preparation of minimum tax reports for submission to the BZSt
- The submission of the group head company report (“Gruppenträgermeldung”) to the BZSt, which is due by 28.02.25 at the latest. This also applies in the case of deviating financial years
- The examination of exceptions and simplifications
- The performance of the simplified materiality test (less than €10 million in sales revenue (Section 87 No. 2 MinStG) and less than €1 million in profit or loss before taxes), the substance test and the calculation of the simplified effective tax rate test
- In the context of temporary safe harbour rules and so-called qualified country-by-country reports
- When recognising deferred taxes. The transition year relevant for the recognition of deferred taxes is shifted accordingly by the period of the CbCR safe harbour rule, which is often used.