Jahressteuer

annual tax

noun YAH-res-shtoy-er Rare

Also means

yearly tax liability

Usage Note

Jahressteuer is the total tax calculated for a complete calendar year, as opposed to monthly withholding. The Finanzamt compares Jahressteuer with advance payments to determine refunds or additional demands.

Examples

"Die Jahressteuer wurde nach der Steuererklärung berechnet."

Natural Translation

The annual tax was calculated after the tax return.

Literal Translation

The annual-tax was after the tax-declaration calculated.

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