Does Oracle EBS support KSK Tax (K√ľnstlersozialkasse) in Germany? (Doc ID 1962349.1)

Last updated on SEPTEMBER 06, 2016

Applies to:

Oracle Financials for EMEA - Version 12.1.3 and later
Information in this document applies to any platform.

Goal

Does Oracle EBS support KSK Tax (Künstlersozialkasse) in Germany?

See: http://www.bmas.de/EN/Our-Topics/Social-Security/artists-social-security-fund.html - Ministry of Finance homepage for KSK

Künstlersozialkasse (KSK) is an ‘Artists Social Security Act’ and Health Insurance plan for artists, writers and similar freelancers who are german residents. It is a restricted enrollment system for people earning their living independently, creatively and permanently in Germany, and with a minimum operating profit of 4,800 EUR annaually. It is administered by the Deutsche Rentenversicherung (German statutory pension insurance scheme) within the Ministry of Finance.

Solution

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