GSK Update Ertragssteuer Erleichterung
07 May 2020

COVID-19 – Further profits tax relief

The coronavirus crisis continues to place a considerable burden on companies. The tax authorities are therefore making it easier to offset losses incurred in 2020 against tax prepayments made for 2019.

In a bulletin from 24 April 2020, the Federal Ministry of Finance (BMF) announced another measure intended to further mitigate the consequences of the current coronavirus crisis for all taxpayers and companies operating in Germany. The tax authorities now allow offsetting losses expected for 2020 against prepayments paid for 2019 in a lump-sum procedure, making it easier than before to obtain reimbursement of such prepayments. It is another measure aimed at providing liquidity assistance.


Press contact
Christine Ström
+49 30 203907-7763


GSK Updates
  • 24 February 2021

    GSK Update: Autonomous driving: Germany to issue the world’s first draft bill

    Read more
  • 29 January 2021

    GSK Update: The Transparency International Corruption Perceptions Index 2020 – is there a correlation between effective corruption prevention and successful COVID-19 containment?

    Read more
  • 13 January 2021

    GSK Update: Brexit and data protection law: Personal data can still be transferred freely

    Read more
Contact person

Dr. Dirk Koch


+49 89 288174-676

Dr. Petra Eckl


+49 69 710003-0

Dominik Berka


+49 69 710003-194

© GSK Stockmann 2021

* Partner: A partner within the meaning of the partnership company law.
   Local Partner: not a partner within the meaning of the partnership company law.
CO2 Neutral