El-Watan

Promoting Democracy in Algeria

The Finance Committee

Are the investment income on the savers tax credit and the expenses standard amount of 801,-EUR / 1.602,-euro (single/married) – 2006 these were still at 1.421,-euros / 2.842,-euro or a taxpayer where other income than those from the statutory pension insurance, this rule of thumb does not apply. An income tax obligation generally relating to other income. The highest German tax court, the Federal fiscal court in Munich, with its decision of November 26, 2008 has paved the way for evaluating the pension cover releases by the tax authorities (Federal fiscal judgment v. 26.11.2008, XR 15/07, DStR 2009 p. 32) made free, in which the Federal fiscal court has decided that the legislature has not exceeded the limits of his wide margin of discretion. The Finance Committee of the Bundestag had in the context of the legislative procedure that deals, that many retirees in the past her Income held unjustly for non-taxable and therefore made no tax declaration. What 1979 began with classical tax advising in the founding year, has evolved over the years to a multi-disciplinary full service offering.

Today Roland Franz & partners among the major tax firms in Essen with its approx. 40 employees. From this location, clients are served within and outside the region equally intensive. The first steps towards the realization of a multidisciplinary client consultation were created by cooperation of auditing practice with a law firm in the same House already in the 1990s. Today offers Roland Franz & partner as powerful partnership various consulting and services from a single source, making equally usable for synergy clients at a high level, as well as a minimizing of the coordination effort.

Territorial Finance

FIRST public finances part constitute the sector’s activity audience which consists of a set of taxes to raise resources whose purpose is to finance expenses the State exerts its financial activity through: tax: is a kind of tribute that is characterized by not having a direct consideration by the administration. Taxes according to their nature are classified in progressive and regressive. The progressive: as soon as higher is the profit or income over is the percentage that is payable on the taxable income. The regressive: as soon as higher is the profit or income lower is the percentage that is payable on the taxable income. Elements of the subject asset taxes: it is that entity benefited from the collection of tribute, the State as Supreme entity i.e., one who undertakes to impose the payment of taxes on citizens. Passive subject: The taxpayer must pay the tribute in favor of getting the State the provision of the services necessary to improve their quality of life.

Generator fact: Is that circumstance whose realization originates the tax liability. They are common taxable obtaining an income, the sale of goods and the provision of services, property ownership and ownership of economic rights, acquisition of property and rights by inheritance or donation. Taxable income: it is the quantification and valuation of the taxable event and determines the tax liability. Direct taxes: Is one that taxed the wealth or the activity of the taxable person.