Explained: Do I have to pay Germany’s ‘solidarity tax’? - News Summed Up

Explained: Do I have to pay Germany’s ‘solidarity tax’?


The so-called 'Solidarity tax' or 'Soli' charge is set to be abolished for 90 percent of taxpayers from 2021. The charge currently levies an additional 5.5 percent income tax or corporation tax after a certain level of earnings, and last year brought the state a total of €18.9 billion. READ ALSO: Taxpayers in Germany to receive boost as 'solidarity tax' almost entirely abolishedWho will have to pay it in future (and who won't)? The solidarity tax appears on taxpayers' payslip. READ ALSO: From climate action to 'Soli tax' reform: What you need to know about Germany's planned changesCOMPANIES: Anyone who runs a GmbH company and pays corporation tax for it is exempt from the reform and will have to continue to pay the Soli.


Source: The Local November 14, 2019 15:53 UTC



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