12.01.2022

Anna Lesova has been appointed Deputy Chair of the Tax and Financial Reporting Committee of the Russian-German Chamber of Commerce

On 12 January 2022 the regular meeting of the Tax and Financial Reporting Committee of the Russian-German Chamber of Commerce elected the new management team of the Committee. Anna Lesova, Counsel, lawyer…

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25.10.2021

Federal Ministry of Finance publishes letter of guidance regarding unconstitutionality of interest rate on tax claims and refunds

In our blog post dated 2 September 2021 we already reported on the long-awaited decision by the Federal Constitutional Court regarding the unconstitutionality of the interest on tax claims and tax refunds,…

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01.09.2021

Federal Constitutional Court rules annual 6 % interest rate on tax claims and tax refunds unconstitutional

The decision by the Federal Constitutional Court regarding the constitutionality of the tax rate on tax claims and refunds had been long-awaited by many taxpayers. In the past years, the tax administration…

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28.07.2021

Extension of temporary simplified approach regarding taxation of IP registered in Germany

Please find our original blog post regarding the developments of the taxation of IP registered in Germany here. Key facts With its letter of guidance dated 11 February 2021 the Federal Ministry of…

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19.07.2021

A property rented out and owned by a foreign property-corporation ("propco") without personnel on site is no permanent establishment for VAT purposes

Lately several surprising court decisions were taken regarding VAT regulations for real estate investments which should be taken into account by investors. Hereinafter we will review the possible impacts…

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11.04.2021

Federal Ministry of Finance publishes letter of guidance on the application of rules regarding reportable cross-border arrangements

The publication of the letter of guidance dated 29 March 2021 is largely an affirmation of the views taken in the draft dated 14 July 2020. Key facts With its Act on the "Implementation of Reporting…

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06.04.2021

Russian-German tax practice – Intragroup services and shareholder activity

Contracts on intragroup services traditionally trigger disputes with the tax authorities, first and foremost in the jurisdiction where the group’s companies incurring economically the burden of expenses on…

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23.03.2021

Relocation of electronic accounting and electronic records within the EU now possible without prior application

The Annual Tax Act 2020 has lead to changes regarding the relocation of electronic accounting and electronic records abroad. According to the Act, which entered into force on 29 December 2020, it is no…

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18.02.2021

New Developments Regarding Taxation of IP Registered in Germany

After the Federal Ministry of Finance (FMoF) issued a letter of guidance on the taxation of IP merely registered in Germany on 6 November 2020, concerns grew on the correct treatment of such matters.…

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06.01.2021

Support for Self-Employed Persons and Companies in the Coronavirus Pandemic - The Temporary Aid Programme III

The funding period of the Temporary Aid Programme II, which expires on 31 December 2020, will be continued and improved as fixed-cost aid by the Temporary Aid Programme III until the end of June 2021.…

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17.12.2020

VAT consequences of the Brexit - The new letter from the German Federal Ministry of Finance from December 10, 2020

The United Kingdom (Great Britain and Northern Ireland) has left the EU on January 31, 2020. The agreed transitional period ends on December 31, 2020, with the effect that the United Kingdom is to be…

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30.06.2020

Reintroduction of the Reducing Balance Method of Depreciation of Movable Assets

The second German Coronavirus Tax Relief Act restores the possibility, urgently demanded by the business community, of using the declining balance method of depreciation on movable fixed assets. The…

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