EU legislators and regulators are storming ahead with the fight against ML and TF via several actions on EU level.
CO-OPERATIONS AND OUTSOURCING IN TIMES OF DIGITALISATION
Pursuant to § 146a AO (Fiscal Code of Germany) new rules for "Guidelines for accounting and record-keeping using electronic record-keeping systems'" apply as of January 1, 2020. This refers to electronic cash register systems and cash registers, but also to corresponding modules of larger...
At the end of March of this year, the Federal Ministry of Finance re-published its draft bill regarding the Act on the implementation of the Anti-Tax Avoidance Directive (ATAD Implementation Act bill) and thereby resumed its work on the legislative procedure, which was last interrupted in...
SPOTLIGHT ON GERMANYFierce competition for consumer attention and advertising revenues between different media formats drive M&A activity in Germany. Europe’s largest media market continues to see significant inbound interest, as well as German media corporates pursuing strategic deals to reshape...
A blueprint for building urban infrastructure
Taxes are one of the most important factors that influence the economic success a company enjoys in modern-day business.
In the area of transfer pricing, there has been a kind of tradition to give Christmas gifts to taxpayers since 1999. In order to stick to that tradition, the German Ministry of Finance (“BMF”) published a draft law regarding the implementation of the Anti-Tax Avoidance Directive (“ATAD draft ATAD...