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Interest rate on tax arrears to remain at 0.5% per month for the time being

Given that we are in a phase of persistently low interest rates, for a long time now, there has been a debate on the issue of the constitutionality of […]

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Assumption of tax consulting costs by the employer in the case of a net pay agreement

The German subsidiary of a global group had negotiated net pay agreements with the employees who it had posted to Germany. In the above-mentioned […]

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No entitlement to paid leave during the release phase of partial retirement

Recently, the entitlement to paid leave and payment in lieu have frequently been the subject of supreme court rulings, which in some cases proved to […]

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A reprieve for companies with electronic cash register systems

The German Act for the Protection Against Manipulation of Digital Basic Records (the so-called Cash Register Act) obliges companies with electronic […]

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Protecting trade secrets through adequate measures

The Act to implement the EU directive (EU) 2016/943 on the protection of trade secrets against their unlawful acquisition, use and disclosure […]

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Taxation of the digital economy is on the horizon – OECD proposal for a unified approach

The OECD has responded to the new business models that have arisen in the course of the digital transformation and, on 9.10.2019, it presented a […]

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Transfer pricing formation using the TNMM

The TNMM (transactional net margin method) is a transactional profit method for transfer pricing formation where the net margin of the supplying […]

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Trade Tax – A new Federal Fiscal Court ruling on the extended deduction for owned real estate

In 2019, the Federal Fiscal Court (Bundesfinanzhof, BFH) has ruled on several cases related to the extended deduction for owned real estate for trade […]

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Real Estate Transfer Tax – Latest developments in the legislative procedure

Since 2016, policy makers have been pursuing the aim of tightening up the real estate transfer tax (RETT) rules for so-called share deals. It is […]

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Reform of the real estate tax and valuation law is on the home straight

We knew for a long time that real estate tax is in need of reform. Then, on 10.4.2018, the Federal Constitutional Court declared that the valuation […]

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Hard Brexit – What you need to pay attention to in the worst case

On 6.9.2019, the UK’s lower house of Parliament passed a law aimed at preventing a no-deal Brexit on 31.10.2019. Under this Act, if the Prime Minister […]

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Working time account models for the organs of corporations – New recognition guidelines from the Federal Ministry of Finance

Up to now, the fiscal authority has not recognised, for payroll tax purposes, agreements on time accounts for employees who have also been appointed […]

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Tax incentive scheme for research and development

The German Federal Cabinet has adopted a draft law on the introduction of a tax incentive scheme for research and development (R&D). There are plans […]

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New Federal Ministry of Finance circular on the obligation to keep records and maintain a cash register

The German Act for the Protection Against Manipulation of Digital Basic Records, from 22.12.2016, (the so-called “2016 Cash Register Act”) led to the […]

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No accrual of leave entitlements

Since the judgements of the European Court of Justice (ECJ) on the transferability and expiry of leave entitlements, new obligations have arisen for […]

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Survivors’ pensions – Age limit of 62 in “late marriage clauses”

Besides old-age and disability insurance benefits for their employees, the retirement schemes of many companies also provide for survivors’ pensions. […]

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Foreign currency conversion – Draft German Amendment Accounting Standard 10 for changes to German Accounting Standard 25

The translation of foreign currencies for consolidated financial statements as of 1.1.2019 has been regulated in the German Accounting Standard No. 25 […]

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E-tax balance sheet – Taxonomy 6.3 is ready

Since 2012, companies that prepare accounts (e.g. all corporations) have been obliged to send their accounts electronically to the local tax office. […]

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Remodelling a bathroom does not generate (pro-rata) expenses for a home office

A taxpayer may generally deduct expenses of up to € 1,250 per year for his/her home office if no other workspace for his/her business or professional […]

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Valuation of stakes – Sequence for offsetting reversals of impairment losses

If a corporation’s stakes in another corporation have been written down to lower going concern values partially for tax purposes and partially without […]

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