BDO Corporate Tax News summarises recent tax developments of international interest across the world.
Space exploration started more than fifty years ago from small steps in satellites assembly. Fifty years ahead and the world observes a tremendous boost in space technologies and number of space missions.
The Act to Modernise the Relief from Withholding Tax and the Certification of Capital Gains Tax (AbzStEntModG) was passed by the Bundesrat on 26 May 2021.
Update: Applications for the R&D tax incentive for 2020 can now be submitted online to the local tax office.
Even if the already simplistic legislative term "Transparency Financial Information Act " seems at first glance to be of interest only to financial companies, the law - if the draft bill, which has been available since the end of 2020, is actually passed -will also have a practical impact on...
COVID-19’s impact on the environment has been mixed. Although the pandemic resulted in improved environmental conditions, there have been other negative effects, some of which are obvious, others less so.
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.
How to create a stable organization and an agile business at the same time
In a year that made us redefine what was truly essential vs. non-essential, software as a service (SaaS) earned its essential status. Companies that implemented new software and cloud services to enhance collaboration, create efficiency and automate processes over the past several months were...