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Introduction
With COVID-19/SARS-CoV-2 progressing at an ever faster rate and
bringing entire economies to a standstill, the German tax
authorities are now trying to help affected companies with tax
relief. Urgently needed liquidity shall be spurred by deferring
taxes without interest, reducing advance payments, and waiving
enforcement measures.
Interest-Free Deferral
According to the German Federal Ministry of Finance, taxpayers
who can prove they are directly and not only insignificantly
affected by the Corona crisis can explain their circumstances and
apply until 31 December 2020 for deferral of taxes already due or
becoming due by this date. They may also apply
