Advance Tax Payment
An advance payment toward the expected tax.
Anyone who earns income without tax being withheld, such as the self-employed, makes quarterly advance payments toward the expected income tax. The tax office sets these based on the last assessment. If income falls, a reduction can be requested.
The relevant statutes
§ 37 EStG
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Related terms
General explanation for self-help, not legal advice (RDG). Individual cases may differ: if in doubt, contact a consumer advice center or a lawyer.