Skip to content
PKF News

You are here:

Latest news

Filter news and blogs by category

News

Recognition for tax purposes of maintenance payments for children over the age of 25 years

Many students typically have part-time jobs whilst they are studying, e.g., in the restaurant and catering industry or in the area of events. Over the […]

News

Partnerships with option for corporation tax – Draft legislation has been put forward

The Federal Government presented a draft Act on the Modernisation of Corporation Tax Law on 17.3.2021. This also aims to internationalise corporation […]

News

Important changes resulting from the Third Coronavirus Tax-Related Assistance Act

On 5.3.2021, the Bundesrat (upper house of German parliament) passed the Third Coronavirus Tax-Related Assistance Act. A key aspect in terms of the […]

News

Coronavirus-induced suspension of VAT on in-kind donations

In-kind donations are generally subject to VAT if the items had been previously purchased with input tax deductions. It is therefore not uncommon that […]

Blog

Extension of easier access to short-time work

Companies that have introduced short-time work by 30 June 2021 can participate in the facilitations for access to short-time benefits. This is the […]

News

On the admissibility of coronavirus-induced rent reductions

In recent decisions on commercial lease agreements, two Higher Regional Courts (Oberlandesgericht, OLG) simultaneously ruled on adjustments made to […]

Blog

Easter 2021: Further extension of Covid 19 tax aid!

The Federal Ministry of Finance (BMF) announced further extensions of “Covid‑19” tax relief in a letter dated 18 March 2021. According to this letter, […]

Blog

Cross-border commuters and Covid 19: Applicable social security law

Commuters crossing borders who, due to the so-called ‘Covid restrictions’, are temporarily unable or only sporadically able to reach their place of […]

News

Plans for the reform of tax legislation in the USA

Shortly after his inauguration, on 20.1.2021, the new President, Joe Biden, started reversing many of his predecessor’s decisions and providing new […]

News

Withholding capital gains tax – Plans to simplify procedures

On 20.1.2021, the German Federal Cabinet adopted the draft bill on the Modernisation of Withholding Tax Relief and the Certification of Capital Gains […]

News

Tax-free repayment of capital contributions from foreign corporations

A shareholder may generally receive payments free of tax if they originate from the profit distributions of a corporate body and if these payments can […]

News

Latest news on input tax deduction for a holding company

A so-called functional holding company or management holding company is deemed to be a business that has to register for VAT if its sole purpose is […]

News

Anticipated work-related costs in the case of a semester abroad

In the context of higher education, for the purpose of deducting allowable expenses a distinction is made between undergraduate studies and second […]

News

Transformation of the transparency register – Instead of the presumption of notification (Mitteilungsfiktion) there will now be new obligations backed up by fines

In accordance with the EU anti-money laundering directive, the transparency registers of the EU member states have to be interconnected with each […]

News

Insolvency – Contesting the sale of a property below value

In the run-up to a looming insolvency, debtors frequently attempt to salvage the available private assets from the clutches of the insolvency […]

News

Internet sales – Threshold for classification as a business

Occasional private sales on the internet will usually have no tax consequences. If the internet sales continue to grow, however, there is a risk that […]

News

Flat-rate tax on non-cash benefits – The costs for the external setting of a business event have to be included

Business-related benefits for employees that are provided by employers in addition to the remuneration that would in any case be due may be taxed on […]

Blog

Special regulation due to the Covid 19 pandemic: Submission deadline for 2019 tax returns extended!

15 February 2021 marked the passing of a law extending the deadline for the submission of tax returns by tax advisors and the interest-free grace […]

News

Will coronavirus cause the home office to become a permanent establishment?

In view of the global pandemic, in some cases, employees are working exclusively from a home office (HO). If an employee lives in another country then […]

News

OECD guidance on the coronavirus implications for transfer pricing

It is essential for businesses that operate internationally to continuously examine the transfer pricing rules. New situations such as, in particular, […]

Back to top of page