What You Need to Know About Trade Tax
Trade tax is a municipal tax paid by companies and self-employed individuals on their business income. It represents a significant source of revenue for municipalities and is used to finance local infrastructure and public services. The calculation is based on business income, which is derived from company profits. The trade tax rate is set individually by each municipality and usually varies between 200% and 500%. As a municipal tax, the assessment and collection of trade tax are the responsibility of the municipality [...]
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