Today, two weeks after the German Federal Parliament (“Bundestag”), the German Federal Council (“Bundesrat”) also passed the 2022 Tax Amendment Act (Jahressteuergesetz 2022)....more
In a decree published November 6, 2020, the German tax authorities confirmed their view that transactions between non-German parties (e.g., between two U.S. companies) are generally taxable in Germany, if this income is...more
In times of the corona crisis and related administrative orders for quarantine and company closures, the question of compensation claims arises for many companies. This question has become even more topical since the...more
On March 13, 2020, the German government announced a billion-dollar package of measures (“protective shield for employees and companies”) to support companies economically affected by the effects of the coronavirus (COVID-19...more
The Federal Government has launched a package of measures worth billions to counter the economic consequences of the coronavirus epidemic. Individual tax authorities have already started to implement these tax...more
3/21/2020
/ Business Closures ,
Business Disruption ,
Coronavirus/COVID-19 ,
Financial Crisis ,
Germany ,
IRS ,
Layoffs ,
Protection Shield ,
State of Emergency ,
Tax Deferral ,
Tax Relief
In its judgment of 10 April 2019 (Ref .: I R 15/16), the BFH again confirms the possibility of a tax-free deposit refund by third-country companies. The BFH clarifies that also third-party companies have to observe the...more
The German Federal Fiscal Court (BFH) Confirms That Total Buyout Agreements Regarding Copyrights Are Subject to German Withholding Tax -
OVERVIEW -
Under German tax law, remunerations paid abroad by persons/companies...more
The BFH's Grand Senate also confirms the fundamental applicability of the trade tax exemption (so-called extended reduction) for real estate income generated by real estate management, non-commercial partnerships -
The...more