English Translation

d4 November 15, 1940. Tax matters. l. Guidelines for the refund of VAT at the time of export, According to the previous provisions of the Wmsatzsteuergesetz, the exporter is entitled to the reimbursement of VAT, which charges the exported subject-matter /raw materials and semi-manufactures from which the exported object was produced/. The Directive contains a table of reference rates according to different types and subject-matter. These rates were compiled on the basis of the calculations made by the participating industrial groups; the Directives relate to the execution carried out in accordance with the law of l.Jänner l939. The draft directives drawn up by the Finance Minister were already approved by the Protectorate. However, there was a delay in the completion of this case with the Horrnc Reichsprotector. Long negotiations were held between the Protectorates Finance Ministry, the Reichsguardor /Gruppe Finanz/ and the Reich Finance Minister. The Ministry of Finance intends, on the basis of the instructions of the Reichsprotektor /Gruppe Fimnz/, to reduce the amount of the restitution rates to those applicable in the previous years, which were very low and insufficient, e.g. in the glass and textile industries/. 2. Small tax reform; company with broken financial year. The small tax reform allowed the tax payers to pay both income tax and income tax to pay the extraordinary deductions of 5 % of the new investment and also the possibility of obtaining a special investment fund amounting to 25% of the net profit payable. Government Regulation on taxable persons whose marketing year coincides with the calendar year for tax years l940-l943 p.lF2 f