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.
SAUDI ARABIA: Deferred filing and payment deadlines and a suspension of VAT penalties \ FRANCE: Validation of the identity condition under the VAT margin regime on immovable property \ GERMANY: Current developments in connection with German VAT groups
BDO Corporate Finance / M&A Germany has compiled a compact picture of Covid-19’s consequences on selected equity markets and key macroeconomic indicators. While German M&A deal flow has kept up well in Q1 2020, Covid-19 is expected to lead to a significantly lower deal count going forward...
We have put together a selection of deals that our Mergers & Acquisitions
teams across the globe have worked on over recent months.
Revised Draft ATAD of Implementation Act
In an unprecedented way, the worldwide spread of the coronavirus has led to an abrupt reduction in public life and economic activity.
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...
The ongoing corona crisis is threatening the existence of companies in virtually all sectors. In addition to the funding instruments provided by the Kreditanstalt für Wiederaufbau (KfW) and other local state banks, the federal and regional governments have announced further programmes intended to...
At present, no one can foresee how great the impact of the Corona crisis will be on the economy and how long we will have to deal with the consequences. We are all currently facing serious challenges.