Grundsteuererklärung Keller: A Guide to Understanding the German Property Tax System Are you a property owner in Germany? If so, you are required to pay Grundsteuer, a property tax that is levied on all real estate in the country. The Grundsteuer is calculated based on the value of the property and is payable annually to the local municipality. In this article, we will be discussing Grundsteuererklärung Keller, which refers to the tax declaration for properties that have a basement. Read on to learn more about this topic. What is Grundsteuererklärung Keller? Grundsteuererklärung Keller is a tax declaration that property owners in Germany are required to submit to the local tax office. This declaration is specifically for properties that have a basement. The declaration must be submitted annually and is used to calculate the amount of Grundsteuer that is payable by the property owner. How is Grundsteuer calculated? Grundsteuer is calculated based on the value of the property. The value of the property is determined by the local tax office using a standardized valuation method. This method takes into account various factors such as the location, size, and condition of the property. Once the value of the property has been determined, the Grundsteuer rate is applied to this value to calculate the amount of tax payable. What is the Grundsteuer rate? The Grundsteuer rate is set by the local municipality and is based on a percentage of the value of the property. The rate can vary from municipality to municipality and can also be different for residential and commercial properties. What is a basement? A basement is an underground room or space that is located below the main level of a building. Basements can be used for a variety of purposes such as storage, laundry, or as additional living space. Why is a separate declaration required for properties with a basement? A separate declaration is required for properties with a basement because the value of the property is calculated differently. The value of the basement is added to the overall value of the property, which affects the amount of tax payable. How do I submit the Grundsteuererklärung Keller? The Grundsteuererklärung Keller can be submitted online or in person at the local tax office. It is important to submit the declaration by the deadline to avoid any penalties or fines. What happens if I don’t submit the declaration? If you fail to submit the declaration on time, you may be subject to penalties and fines. In some cases, the local tax office may estimate the value of your property and calculate the tax payable based on this estimate. What are some tips for reducing my Grundsteuer? There are several ways to reduce your Grundsteuer liability, such as investing in energy-efficient upgrades, applying for tax exemptions, and negotiating your property’s valuation with the local tax office. It is recommended to consult with a tax professional for advice on how to reduce your tax liability. In conclusion, Grundsteuererklärung Keller is an important tax declaration that property owners in Germany must submit annually. It is specifically for properties with a basement and is used to calculate the amount of Grundsteuer payable. By understanding the Grundsteuer system and taking steps to reduce your tax liability, you can save money and ensure compliance with local tax laws.