Laws, courts and authorities
BMF
Abbreviation for Bundesministerium der Finanzen
In short and in plain language
The BMF is the German federal ministry for taxes and public money.
It sends out letters to tax offices. They explain how tax offices should apply tax laws.
These letters can matter for a business. One example is how the cost of computers and software is spread over the years.
Definition
The BMF is the German Federal Ministry of Finance, responsible for taxes and public finances. Its circulars explain how tax offices should apply tax laws. For a business these circulars can matter, for example for depreciating computer hardware and software.