Field help:
(2022)
Total immediate assistance (Soforthilfe) received and repaid
Enter here the amount of received Corona aid, interim aid or similar subsidies for your business.
If you have already received aid due to the Corona pandemic in 2020 or 2021 and had to repay it in 2022, the repayments belong to the business expenses. Enter the amounts repaid in the section "Other unrestricted deductible business expenses".
On the basis of various legal bases, the federal government and the federal states provide
- Immediate federal assistance for small businesses, solo self-employed and members of the freelance professions (freie Berufe) to mitigate the financial hardship of these businesses due to the Corona crisis,
- Interim aid from the Federal Government for small and medium-sized enterprises, self-employed persons and members of the freelance professions who have to or have had to discontinue all or significant parts of their business operations as a result of the Corona crisis, or
- Other immediate assistance, interim aid or similar equity payments by the Federal Government or the respective federal state for companies, self-employed persons and members of the freelance professions as a result of the Corona crisis.
These corona subsidies are taxable operating income. Since no tax exemption applies to corona subsidies usually, they increase your income.
The Corona subsidies are to be reported as taxable business income when determining the profit according to sect. 4 para. 1 Income Tax Act (EStG), if applicable in conjunction with sect. 5 Income Tax Act (EStG) (e-balance sheet) or according to sect. 4 para. 3 Income Tax Act (EStG) (Form EÜR). When determining profits according to sect. 13a Income Tax Act (EStG), the Corona subsidies are settled by the basic amount.
