Have Tax Questions? Ask a Tax Expert for Answers ASAP
Good morning to you too
I did find this that states that the multiplier is 450%
I found that number here:
Is this what you were looking for?
well, not exactly, I would like to know how much is the corporate tax in Frankfurt and how is calculated
I guess in Germany 15%+solidarity = 15.825% but how can I know the add trade tax for Frankfurt?
I guess it depends on the German area it is between 7% and 17.1%
but I do not know how to get it
I'm still looking....do you mind waiting a few minutes?
I do not mind if I know the answer , where I can find the info (in English) and how to calculate it
According to my research, the trade tax is usually between 300 & 400%, but can't be below 200%
I found this at the following web site
So I think the 460% I gave you is the trade tax multiplier
Ok I see is 460%*3.5%
Where I can see that for Frankfurt is 460%?
It was the botXXXXX XXXXXne on the first link I sent you
ok I get it, just the final question to understand final rates
I get the trade tax but if corporate tax is 15% with a surchage of 5.5% (solidarity levy) I am having an email in my company which says it is 15.825%
I am having right now for Frankfurt:
The botXXXXX XXXXXne of the 2nd link states "The solidarity surcharge is NOT levied on trade tax."
If you explain to me how to calculate it I will be completely satisfied
I do not know how to interpretate that
I'm working on that one myself
I think I have
I understand the theory..........
but there is only one thing missing where can I find the solidarity levy?
I think calculations are :15%*1.055%+3.5%*460%
that follows my theory
could you explain to me the theory and provide me a link where I can find the solidarity levy and that will be all I promise
there is no solidarity levy on the trade tax, and you stated earlier that your solidarity 5.5%
someone provided me that figure long time ago but where I can find that?
ahhhh I see
let me check for you
no problem I should have explained to you better
Individual Income TaxesIn 2009 an income of less than –≤–Р–£вАУвА†7,834 is tax-free for a single person (–≤–Р–£вАУвА†15,668 for a married couple). Incomes up to –≤–Р–£вАУвА†52,152 for a single person (–≤–Р–£вАУвА†104,304 for a couple) are then taxed with a rate progressively increasing from 15% to 42%. Incomes over –≤–Р–£вАУвА†52,152 (–≤–Р–£вАУвА†104,304) up to –≤–Р–£вАУвА†250,000 (–≤–Р–£вАУвА†500,000) are taxed at 42%. Amounts over those are taxed at 45%. In addition to this there is the "solidarity surcharge" of 5.5% of the tax, to cover the costs of integrating the states of the former East Germany.
Its the last line that tell you the surcharge is 5.5%
does that apply to corporates?
I guess so
Yes, it does apply to corporations
Is there anything else I can help you with today?
sorry but in which part of the last document I can see the 5.5%?
Right hand side under "solidarity surcharge"
I had to enlarge it to 170% to be able to read it
and amounts to 5.5 % of the assessed tax
I think I'm glad I don't have to do German income taxes
Ah ok, great!!
yes, it seems terrible, I am glad I just need to do pricing! lol!!
thank you very much I will give you the highest rate!
very appreciated your help!
Thank you so much