German Ministry of Finance Publishes Draft Bill to Comply with Court Decision on Interest Rates
The German Ministry of Finance has published a draft bill to amend the 6% per annum interest on back taxes and tax refunds, which was found unconstitutional from 2014 onwards by the Federal Constitutional Court in July 2021. In particular, the Court found that that the interest incurred on back taxes and the interest paid for tax refunds pursuant to § 233a in conjunction with § 238(1) first se…
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