Exemption Order
Referring to tax exemption, it denotes an amount deducted from a taxpayer's taxable income, reducing the overall amount they are obligated to pay. In Germany, the maximum percentage/amount for an exemption is €1000 for single individuals and €2000 for married individuals; our tax modules are designed to accommodate these exemptions for one or multiple clients.
Notes:
- Business clients also have the opportunity to exempt their business assets. There is no maximum limit when the certificate is presented. However, with one exception (dividends), non-residents are generally exempt from German withholding tax and they cannot submit an exemption order.