![]() ![]() Since then, the situation has been very dynamic and further statements have been issued by the federal and state tax authorities. The initial announcement was already made on 13 March 2020 by the German government, in particular through the joint Protective Shield for Employees and Companies Declaration (“ Protective Shield Declaration”) of the German Federal Ministers of Finance and Economics, which also included first measures for German taxpayers. The German government is working in parallel on a number of initiatives.In the field of tax law, the first step is to take measures to preserve liquidity with regard to tax payments (see below I.). Government support measures for German companies have already been announced on a larger scale. ![]() The current COVID-19 pandemic will have serious negative effects on many individuals, businesses and the real economy as a whole in a number of ways. This briefing is also available in German here. Further updates will follow due to the dynamic developments. 24 April 2020 COVID-19 and German tax Please note: The following is an updated version, last updated on 24 April 2020. ![]()
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