German lawmaker enacts the 2020 Annual Tax Act

After the German Bundestag (lower house of German legislature) has passed the 2020 Annual Tax Act (JStG 2020, in the version of the resolution recommendation of the Finance Committee of the German Bundestag) on 16 December 2020, the German Bundesrat (upper house of German legislature) also approved the bill in its last session of the year on 18 December 2020. The JStG 2020 considers amendments of various parts of German tax law: on the one hand these changes are to adapt to European law and to react to case law of the German Federal Fiscal Court, and on the other hand to implement fiscal policy decisions. In the following we highlight the main changes per area of tax law. With a few exceptions, the amendments apply from the date following the publication of the JStG 2020 in the Federal Law Gazette.

Please see full Publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Allen & Overy LLP | Attorney Advertising

Written by:

Allen & Overy LLP

Allen & Overy LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.