Tax Avoidance
What Does Tax Avoidance Mean?
Tax avoidance - the so-called "tax loophole" - means different options for legally reducing your tax burden. Do you want to optimise your tax payments and make the most of your fiscal situation? Rely on our team of experts: We arrange for an optimal fiscal situation, using all legal means for reducing your tax burden in the long run - without any risk. Our team looks forward to cooperating with you!
Which Are the Sanctions in Case of Tax Evasion?
Important note: The punishment for tax evasion is severe and extensive; depending on the severity of the offence it can even jeopardise the survival of your company. The German Act on Financial Crime specifies that tax evasion falls under taxation fraud. Depending on the amount of the fiscal damage inflicted, substantial fines or even imprisonment of up to ten years must be expected. Furthermore, tax on the concealed income from the last ten years must be paid subsequently, plus a penalty interest rate of 6% per year.
What is a Self-Accusation for Tax Evasion and How Does It Work?
The procedure or reporting oneself to the local tax office for tax evasion is complex and a delicate matter; consultation with an expert is often of essential importance. The reason: Persons committing an error in their self-accusation irrevocably lose their chance of exemption from punishment. As a rule, in case of a self-accusation tax evasion is exempt from punishment only for a tax volume evaded of up to 25,000 €. With higher amounts, criminal prosecution can be abandoned only if an according additional payment is made. In addition, the period of limitation is extended to ten years. After the self-accusation was reported to the tax office, the public prosecutor's office institutes an investigation and checks whether the prerequisites to self-accusation with exemption from punishment exist. If this is the case, the charge is dismissed, but the evaded taxes must, of course, be paid subsequently - plus 6% penalty interest.
If you have evaded taxes and intend to report yourself to the tax office, we definitely recommend calling in a tax consultant! You can rely on our comprehensive and discrete support in this delicate matter.
Do You Wish to Optimise Your Tax Situation?
Contact us. Our team assists you in all fiscal matters and makes the most of your situation. We look forward to meeting you.
What Does Tax Avoidance Mean?
Tax avoidance - the so-called "tax loophole" - means different options for legally reducing your tax burden. Do you want to optimise your tax payments and make the most of your fiscal situation? Rely on our team of experts: We arrange for an optimal fiscal situation, using all legal means for reducing your tax burden in the long run - without any risk. Our team looks forward to cooperating with you!
Which Are the Sanctions in Case of Tax Evasion?
Important note: The punishment for tax evasion is severe and extensive; depending on the severity of the offence it can even jeopardise the survival of your company. The German Act on Financial Crime specifies that tax evasion falls under taxation fraud. Depending on the amount of the fiscal damage inflicted, substantial fines or even imprisonment of up to ten years must be expected. Furthermore, tax on the concealed income from the last ten years must be paid subsequently, plus a penalty interest rate of 6% per year.
What is a Self-Accusation for Tax Evasion and How Does It Work?
The procedure or reporting oneself to the local tax office for tax evasion is complex and a delicate matter; consultation with an expert is often of essential importance. The reason: Persons committing an error in their self-accusation irrevocably lose their chance of exemption from punishment. As a rule, in case of a self-accusation tax evasion is exempt from punishment only for a tax volume evaded of up to 25,000 €. With higher amounts, criminal prosecution can be abandoned only if an according additional payment is made. In addition, the period of limitation is extended to ten years. After the self-accusation was reported to the tax office, the public prosecutor's office institutes an investigation and checks whether the prerequisites to self-accusation with exemption from punishment exist. If this is the case, the charge is dismissed, but the evaded taxes must, of course, be paid subsequently - plus 6% penalty interest.
If you have evaded taxes and intend to report yourself to the tax office, we definitely recommend calling in a tax consultant! You can rely on our comprehensive and discrete support in this delicate matter.
Do You Wish to Optimise Your Tax Situation?
Contact us. Our team assists you in all fiscal matters and makes the most of your situation. We look forward to meeting you.