In the letters dated November 6th, 2020 and February 11th, 2021, the Federal Ministry of Finance (BMF) commented on tax declarations/tax returns for German domestic income pursuant to section 49 (1) no. 2 lit. f and no. 6 German Income Tax Act (ITA). In the following, we outline its contents...
Today, we would like to draw your attention to important deadlines in calendar year (CY) 2022 resulting from Electricity Tax Law (Stromsteuerrecht) and Energy Tax Law (Energiesteuerrecht), the Energy-Tax-Electricity-Tax Transparency Ordinance (EnSTransV), the Combined Heat and Power Act (KWKG...
International: The fall and partial rise of US-EU trading relations \ European Union: Reduced VAT rate rules updated
BDO Emerging Entities is a specialist team within BDO Germany with experience of both investing in and advising growth businesses.
With effect from 1 January 2020, the German legislator introduced the EU requirements regarding the VAT treatment of cross-border storage in consignment warehouses in the EU in § 6b UStG (VAT Act).
The OECD and its Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations continue to lead as the principal source of guidance for transfer pricing regimes around the world. In this issue of BDO’s Transfer Pricing newsletter, we include articles from our member firms that...
In a single sentence, the BMF has stated in a letter dated 29 January 2021 that Section 25 UStG is not applicable to travel services provided by traders with their registered office in a third country and without a fixed establishment in the Community territory.
Whether you’re the CEO of a manufacturing firm struggling to gain access to the materials needed for your production process or a consumer unable to find that new car you’ve been planning to buy — or both — you’ve likely seen the effects of the chip shortage firsthand.