As a result of the exit agreement between the EU and the UK, applications for VAT reclaims relating to periods in 2020 must be submitted by 31 March 2021.
As a result of the exit agreement between the EU and the UK, applications for VAT refunds relating to periods in 2020 must be submitted by 31 March 2021.
At our recent Global Financial Services conference, Wolfgang Otte, Head of Global Banking, identified major global and regional changes in the Banking sector. Listen to Wolfgang.
With one single sentence in a recently published letter, the BMF has caused a buzz in the travel industry, which has already been battered by the Corona crisis.
The BMF letter of December 22, 2020 has introduced some significant changes in the form for the preliminary VAT return and advance payment procedure for the calendar year 2021.
In its Session on 29 June 2020, the German Bundesrat (upper house of parliament) passed the so-called economic stimulus package, which includes, among other measures, the temporary reduction of VAT rates as of 1 July 2020.
In an unexpected statement, German chancellor Angela Merkel and several high ranking
cabinet members have announced late Wednesday evening (3 June 2020) to introduce a temporary reduction of the German VAT rates from 19% to 16% (regular VAT rate) and from 7% to 5% (reduced rate), respectively.
Fintech M&A and investment deals will grow substantially over the next few years. M&A deals can be used to add value to both incumbents and Fintechs. However, direct investments are not the only way to unlock the potential of Fintech. BDO’s FS Corporate Finance practices assist both Fintech...
The BDO Financial Services practice assists financial institutions with focus on strategy, client relationship, profitability and capital allocation, encompassing services around decision making on markets/jurisdictions, licence application, M&A and transaction services, and transition agreements.