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Rostock: Germany's first digital trade tax assessment notice

The authorities of the Hanseatic city of Rostock have become the first municipal administration in Germany to send out a digital trade tax assessment notice. The city announced on Thursday that Rostock is thus taking the lead in a modernization process that will have to be carried out in all of...

Administration - Rostock: Germany's first digital trade tax assessment notice

The authorities of the Hanseatic city of Rostock have become the first municipal administration in Germany to send out a digital trade tax assessment notice. The city announced on Thursday that Rostock is thus taking the lead in a modernization process that will have to be carried out in all of Germany's 11,000 or so municipalities in the near future.

Finance Senator Chris von Wrycz Rekowski spoke of a milestone and a relief for the approximately 8,800 trade tax payers in Rostock. Rostock expects trade tax of 133.6 million euros for 2024. This makes trade tax one of the most important revenues for the municipal budget.

Read also:

  1. As part of the modernization efforts, municipalities across Mecklenburg-Vorpommern, including smaller ones, are expected to adapt their tax administration systems to follow Rostock's lead in digitalization.
  2. The city of Rostock, known as a prominent Hanseatic city, is utilizing Information Technology to enhance its administration, beginning with the digital trade tax assessment notices.
  3. While the digitalization of trade tax administration in Rostock has been praised, concerns have been raised by some municipalities, expressing the need for guidance and resources to effectively steer their own digitization processes.

Source: www.stern.de

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