Towards the end of the year, the question repeatedly arises whether special VAT regulations have to be considered or whether any corrections (e.g. of already declared input VAT deductions) have to be made or included in the last quarterly VAT return of the year. In particular, it is not uncommon for the correction flat rate for interest income to be applied. When may/should this be used and when is no correction necessary?
Download – VAT distinction: Interest/income from securities – Dividends