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
Until now, the sale of shares in real estate corporations was tax-exempt unless a shareholder directly or indirectly acquired at least 95% of the shares in the shareholder. According to a law recently passed by the Bundestag, this limit will now be lowered to 90 %. In addition, a regulation that previously only applied to … Read more
With the draft of the Act on the Modernisation of Corporate Income Tax Law of 17 March 2021, the Federal Government has met a demand of the business community for more flexibility in the transformation tax law with regard to cross-border transformations of companies. From 1 January 2021, according to the draft law, certain forms … Read more
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
