Double Taxation Agreement Germany Greece
Double taxation treaties can be found in the specific double taxation treaties: on this page you will find information on German double taxation conventions and other country-specific publications on double taxation treaties. The original texts can be viewed via our German website. Through its tax legislation, Germany wants to avoid both double taxation and double non-taxation of goods and companies. Everyone must control their fair share of where they live or where they do their business. Germany currently has double taxation treaties with the following countries: Bulgaria Bulgarian tax treaties and international double taxation treaties allocate taxation rights between countries. However, they do not create new revenue rights. On the contrary, where there are competing revenue rights, they distribute the taxing duty to only one of the countries concerned in order to avoid double taxation. A double taxation treaty makes it possible to account for taxes paid in one of the two countries with taxes payable in the other, thus avoiding double taxation. Germany is a signatory to double taxation treaties with 97 territories worldwide. Some forms of income are exempt or are entitled to reduced rates.
These include royalties, dividends and capital gains. The colour world map shows the countries with which Germany concluded double taxation conventions on income and capital taxes on 1 January 2019, as well as legal and administrative assistance agreements (including the exchange of information). In the case of a double taxation agreement (DTT), double taxation is generally avoided by exempting foreign income with progression. Foreign taxes can only be deducted from German income tax if the DTT provides for a tax credit or if there is no DTT. A tax credit is only possible up to the level of German income tax on concrete foreign income. International tax legislation covers all legal provisions that also encompass foreign tax matters. These include Germany`s domestic tax laws, such as the Income Tax Act and the Tax Code, as well as double taxation treaties that Germany has concluded with other countries. .