The Einkommensteuererklärung is due no later than 30.06. of the following year.
A company may apply losses up to a max. of 75% the current income which considers the previous 3 consecutive years. Not included are losses in the first 3 consecutive years of doing business. Following year 2013 the carry back losses are not limited to 75%.
As of 2016 loss carry backs are allowable up to 100%. The remaining loss are available to carry forward.
Aufdeckung stiller Reserven
A Natural Person can use still reserves to partially set off the disposal or purchase of assets. The distributes the gain more evenly over the useful life of the assets and plays a role in the amortization of the asset pool.
§ 12esTg the still reserves are distributed over the useful life of the new asset; however, some rules do apply.
eg. Bis zum 31.12.2016 konnte die Firma XYZ kein neues Grundstück zur Übertragung der stillen Reserve erwerben. Nachdem die Frist von 12 Monaten nicht abgelaufen ist, lässt die Firma die stille Reserve €150.000 steuerfrei. Sollte die Firma bis zum 01.06.2017 weiterhin kein Grundstück erwerben, ist im Jahr 2017 die gesamte stille Reserve aufzudecken und zu versteurern.