Modernization of corporation tax law (KöMoG) – option for partnerships to be taxed like a corporation in the future
On March 24, 2021, the federal government passed a draft law for the modernization of corporate income tax law (KöMoG). The law is expected to come into force on January 1, 2022. It provides for the introduction of a corporation tax option,…
Stricter exit taxation – law to implement the Anti-Tax-Avoidance Directive (ATADUmsG) passed
On March 24, 2021, the federal government passed a draft law to implement the Anti-Tax Avoidance Directive (ATAD Implementation Act or ATADUmsG).
The draft law also provides for the significant tightening of exit taxation, which has been…
Tax Haven Defense Act decided
On March 31, 2021, the German Federal Cabinet passed the Tax Haven Defense Act. The aim of the German federal government is to ensure more tax justice across national borders.
The Tax Haven Defense Act aims to encourage non-cooperative states…
Brexit – VAT consequences of UK exit from the European Union
The exit of Great Britain and Northern Ireland (UK) from the European Union (EU) will have very significant VAT consequences at the end of the so-called transition period of December 31, 2020.
The United Kingdom has qualified as a third country…
New notification requirements for international relationships
At the turn of the year 2021, the tax authorities once again tightened the notification requirements for international relationships with immediate effect. The indirect acquisitions of foreign holdings are particularly affected by the new regulation.
Taxpayers…
Status of the Double Taxation Treaties (DTT) as at January 1st, 2021
In a letter dated February 18, 2021, the Federal Ministry of Finance (BMF) announced the status of the agreements concluded with other countries to avoid double taxation (so-called double taxation treaties or DTTs) as well as the agreement negotiations…
Best Tax law firm 2021 – The German Trade Journal (Handelsblatt) awards TLI Steuerberater again!
For the sixth time in a row, TLI Steuerberater has received the "Best Tax law firm 2021" award from the German Trade Journal (Handelsblatt).
We have been one of the top tax law firms in Germany since 2016! The German Trade Journal (Handelsblatt)…
Financial Statements 2019 – Extension of the publication period to April 6, 2021
The Federal Office of Justice has extended the deadline for the publication of the annual financial statements with the balance sheet date of December 31, 2019 to April 6, 2021.
Shortly before Christmas 2020, the Federal Office of Justice…
The right to deduct input VAT for functional holding companies – Final clarification by the European Court of Justice
The dispute over the deductibility of input VAT for a functional holding is entering the next round. The issues in dispute must now be clarified by the European Court of Justice (ECJ).
A pure financial holding whose sole purpose is to acquire…