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.
Did you know that on an annual basis, millions of euros of foreign input VAT are not being reclaimed?
Christian Götz, leader of the Global Telecoms team at BDO ...