German tax auditors increasingly focus on cross border transactions between German companies and other affiliates or permanent establishments.
Withholding tax relief modernization act, dated November 19th of 2020
Selected Topics: Procedure of relief from capital gains tax (sec. 50c ITA-D) as well as restructuring of sec. 50d (3) ITA
ARUG II entered into force
In a letter dated 10 December 2020, the German tax authorities issued a statement on the VAT status of the UK after Brexit. The BMF letter has clarified that the VAT status of the United Kingdom will be that of a third country from 1 January 2021.
The Corona pandemic still has the world firmly in its grip and economies worldwide are struggling with negative implications. Nonetheless, the period of temporarily reduced German VAT, which was meant to reduce the economic impact of the springtime shutdown and stimulate consumption, is coming to...
REFOCUSING ON BUSINESS FUNDAMENTALS
The draft of the Act on the Modernisation of the Deduction Tax Relief and Certification of Capi-tal Gains Tax - the so-called Deduction Tax Relief Modernisation Act (AbzStEntModG) - submit-ted on 20 November 2020 primarily concerns the implementation of the deduction and refund procedure for...
Compliance with DAC 6 obligations
How to create a stable organization and an agile business at the same time