Laws, courts and authorities
AO
Abbreviation for Abgabenordnung
In short and in plain language
The AO is a German law. It sets out the main rules for how tax is dealt with.
It says how to keep records. It also deals with a special number for firms.
And it says when a club counts as non-profit.
For firms and clubs, it plays a part in the legal notice. It also counts for receipts for gifts to a club.
Definition
The AO is the German Fiscal Code, which contains the general rules for taxation procedures. Among other things, it governs record keeping, the business identification number and the tax-privileged status of non-profit associations. For businesses and clubs it plays a role, for example, in legal notice details and donation receipts.