Umsatzsteuer

Understanding Law: Basics of Value Added Tax for Beginners! Everyone can imagine what value added tax is. But how does it fit into the tax system? Are there cases where one is exempt from this tax, and are all sales taxed equally? What is meant by 'service' and why does it matter where it was provided? What is the difference between 'transporting' and 'shipping', and what do the terms 'input tax', 'chain transaction', or 'triangular transaction' mean? This volume of the series 'Understanding Law' provides answers to these questions and thus imparts the fundamental knowledge of value added tax, illustrated with everyday examples. The 'Understanding Law' series is specifically designed for beginners in tax and commercial law. It conveys the basics of central legal areas – concisely, precisely, and understandably! This makes it ideal for entering all degree programs with tax and commercial law content, for the intermediate service of the tax administration, and for students in the basic studies of the higher service. The legal status of this edition is as of July 1, 2021. Table of Contents: Chapter 1: Introduction. Chapter 2: Taxability. Chapter 3: Tax exemptions. Chapter 4: Tax rate. Chapter 5: Assessment basis. Chapter 6: Special cases. Chapter 7: Origin of the tax. Chapter 8: Input tax. Chapter 9: Correction of input tax deduction. Chapter 10: Tax assessment procedures and special regulations.