On 29 November 2019, the Bundesrat gave its consent to a law regulating tax incentives for research and development (Forschungszulagengesetz (FZulG) – research incentives act), on the basis of which annual funding of research and development activities in the amount of up to EUR 1,000,000 is...
The Federal Ministry of Finance (BMF) published a second, revised version of the draft letter on the temporary reduction of German VAT rates on 23 June 2020.
This newsletter summarises recent tax developments of international interest across the world. In this issue, read our latest on the European Union's DAC6 obligations, notification of uncertain tax treatment by large businesses in the United Kingdom, new 'Open innovation tax incentive' in Japan...
The impact of the Corona crisis on society and public life in Germany is enormous. At the moment, nobody can foresee what is yet to come. It is even more difficult to assess what short, medium and long-term consequences the current situation will have on the economy. The current situation demands...
Revised Draft ATAD of Implementation Act
On 2 October 2018, the Economic and Financial Affairs Council (ECOFIN) agreed on immediate measures to harmonize the European VAT system („quick fixes“), most of which were adopted by the European Council on 4 December 2018.
This 32nd issue of BDO’s Transfer Pricing Newsletter focuses on recent developments in the field of transfer pricing on an international level and in Denmark, France, South Africa, and Sri Lanka.
THE EUROPEAN UNION: Important changes for international trade \ CANADA: Proposed GST/HST changes target holding companies \ SPAIN: The future of the VAT compliance \ UNITED STATES: Sales tax and digital goods
All major currency areas are working on replacing Reference interest rates (RFR) by 2022. Are you prepared for the challenge? Ask yourself three simple questions for self-assessment