Deadline 28 February:
Reporting obligation of domestic taxpayers

Domestic taxpayers are obliged to notify their tax office of facts with a connection to foreign countries.

This obligation aims at ensuring the taxation of income originating abroad.

The notification must be made as part of the tax return, but no later than 28 February 2023.

Who is a domestic taxpayer and what types of transactions must be reported?

The International Team of our member firm in Augsburg, SONNTAG, has produced a newsletter on this topic, which you can access in English HERE.