World Business Inquiries
Questioning business opportunities in a world that is currently in sharp decline due to the outbreak of the COVID-19 virus. The answer from entrepreneurs and business people is very simple. They answered, all will be beautiful in its time
Despite the VAT exemption, an invoice is mandatory. Under certain conditions a tax exemption can be granted according to 4 UStG. This can be obtained, for example, on intra-community deliveries. Sales from aviation and shipping are also not subject to sales tax.
According to 6a UStG, an intra-community delivery exists if the goods were transported to a community area. However, the buyer must be an entrepreneur who bought the product for his company.
Sales from aviation and shipping are tax-free
- The same applies, for example, to the delivery of gold to the central banks.
- Non-profit associations and organizations can apply for a tax refund. However, the goods must be delivered to a third country area and used locally for charitable, humanitarian or educational purposes.
- A tax must also have been incurred and this must be shown separately on the invoice. The application must be submitted using an officially prescribed form.
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