Caution when the tax office estimates

The estimation of income and expenditure is everyday business for the tax authorities. However, these estimates are not always legal. Some taxpayers are too quick to submit to the assumptions of the tax office in order to avoid a dispute. It is often overlooked that estimates are only permissible under certain circumstances and must follow … Read more

A bit of a check-the-box in Germany:

the option model under the Corporate Income Tax Modernisation Act. Since most companies in Germany are organised as partnerships, there has long been an effort to open up the corporate income tax option to these companies. The hoped-for advantage is that the retention burden of currently 15 % with regard to corporate income tax should … Read more