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Letters from the tax office (Finanzamt) · 7.6

The Tax Office Estimated Taxes: What Now?

Short answer

If your company does not file a tax return, the Finanzamt (tax office) is allowed to estimate the tax base—and it usually estimates on the high side. The solution: promptly submit the return and file an objection at the same time while the deadline is still open.

Key points

  • A Schätzungsbescheid (estimated tax assessment) is a real tax assessment. The tax becomes due even if the numbers are incorrect.
  • Lodge an Einspruch (objection) within one month and submit the complete tax return.
  • Apply for Aussetzung der Vollziehung (suspension of enforcement) for the overestimated portion if you do not want to pay upfront.
  • If the assessment is issued under Vorbehalt der Nachprüfung (subject to review), it can still be amended after the objection deadline expires. However, do not rely on this.
  • A Verspätungszuschlag (late filing penalty) is usually added as well.

Legal basis

§ 162 AO§ 164 AO§ 355 AO§ 361 AO§ 152 AO

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