Change in the average useful life of hardware and software – Immediate depreciation
With letter dated February 26, 2021, the tax authorities reduced the average useful life and thus the depreciation period for hardware and software to one year. This new regulation can lead to a significant tax advantage for all companies, since…
Stimulus package 2020 – Temporary reduction of the German VAT rate
To cover the effects of the corona pandemic crisis the German government has already decreed several aid measures. We have already informed you about these aid measures in our TLI Steuerberater TV channel and via our website.
On June 3rd,…
International tax law – Countries Report
In the age of the digitization and global interlinking nearly every enterprise becomes conscious or unconsciously with the international tax right confronted.
Experience and routine is necessary beside a maximum in sound legal knowledge in…
German tax law – publication of financial statements
No fine in case of failure to publish the financial statements within deadline
In principle, annual financial statements must be submitted no later than one year after the balance sheet date of the financial year. For capital market-oriented…
Coronavirus: Tax relief for companies
The effect of the coronavirus and the state interventions in our daily lives pose unprecedented challenges for companies.
TLI Steuerberater currently advises its clients to safe liquidity. To protect companys regardless of their size, the…
Corona-Special: Fiscal aid measures – reduction and refund of tax prepayments
The German federal government and the German state governements passed several aid measures like credit programmes a so-called Corona safety shield and tax aid measures. The passed aid measures are not for every company which is economically…