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May Tax Offices Collect 6% Interest for Late Payments

03-20-2019 09:55 AM CET | Politics, Law & Society

Press release from: Lawyer Alexander von Engelhardt

May Tax Offices Collect 6% Interest for Late Payments

May Tax Offices Collect 6% Interest for Late Payments

The 0% interest policy of the European Central Bank and German tax offices can still demand 6% default interest for late payments. How can this be? Is that not a crying injustice? The authorities collect 6% interest and all tax payers are punished when they save money in bank accounts with, for example, -1% interest. The Federal Fiscal Court ruled on this matter on November 09, 2017 (re III R 10/16).

Find out how the court ruled and read the article on my website:

About Alexander von Engelhardt

Alexander von Engelhardt is a lawyer specializing in German immigration and corporation law. He has dual citizenship (German and American) and was born in New York. He currently works and resides in Berlin, Germany. He serves his clients in English or German and offers solutions for business immigration and easy company formation. Next to his legal work Alexander also enjoys writing about legal terms and new developments in the world of law. He sends out a monthly newsletter and provides information on important topics like taxes, immigration and company law for expats living and working in Germany.

Alexander von Engelhardt
Hardenbergstr. 12
10623 Berlin, Germany
phone: +49 30 51300026

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