Field help:
(2023)
Did you receive or repay Corona aid or the like for your business in 2023?
Did you receive or repay Corona aid or the like for your business in 2023?
Are corona aid, interim aid or similar subsidies included in the VAT-exempt operating income?
As an owner of a small business, are corona aid, interim aid or similar subsidies included in the operating income?
Did you receive or repay Corona aid or the like for your business in 2023?
Did you receive or repay Corona aid or the like for your business in 2023?
Are corona aid, interim aid or similar subsidies included in the VAT-exempt operating income?
As an owner of a small business, are corona aid, interim aid or similar subsidies included in the operating income?
If you have received or paid back Corona aid, interim aid or similar subsidies for your business, select "yes".
On the basis of various legal bases, the federal government and the federal states provide
- Immediate federal assistance for small businesses, solo self-employed and members of the freelance professions (freie Berufe) to mitigate the financial hardship of these businesses due to the Corona crisis,
- Interim aid from the Federal Government for small and medium-sized enterprises, self-employed persons and members of the freelance professions who have to or have had to discontinue all or significant parts of their business operations as a result of the Corona crisis, or
- Other immediate assistance, interim aid or similar equity payments by the Federal Government or the respective federal state for companies, self-employed persons and members of the freelance professions as a result of the Corona crisis.
These corona subsidies are taxable operating income. Since no tax exemption applies to corona subsidies usually, they increase the profit.
The Corona subsidies are to be reported as taxable business income when determining the profit according to sect. 4 para. 1 Income Tax Act (EStG), if applicable in conjunction with sect. 5 Income Tax Act (EStG) (e-balance sheet) or according to sect. 4 para. 3 Income Tax Act (EStG) (Form EÜR). When determining profits according to sect. 13a Income Tax Act (EStG), the Corona subsidies are settled by the basic amount.
