reclaimer – Germany M2M reclaims

Germany – M2M Digital WHT reclaims

Zürich, Jul 2023

In future, it will only be possible to apply for a refund of German withholding tax digitally.

In particular, the Federal Central Tax Office (BZSt) will offer a Machine-2-Machine (M2M) process for institutions, whereby the application can be made in a completely digital mass process.

The BZSt has already published the first draft version for the corresponding communication manuals and also held a first meeting of the user group on this topic.

Special thanks to the colleagues of the BZSt, who offer the possibility of a user group and take great efforts to explain the necessary topics in a transparent manner.

In future, the application data can be systematically delivered to the German authorities via XML and attached evidence in PDFs as archive files. The process provides for all necessary documents to be obtained in advance and transmitted to the BZSt with the application data, in power of attorney.

The future application process will definitely be an improvement and of course we will offer our clients an optimal solution for this.

Contact us if you would like to learn more about this topic or for a non-binding live demo of the most modern software solution for processing foreign withholding taxes.