The PKF WULF GROUP offers medium-sized companies and family businesses an enormous range of services in the fields of auditing, tax consulting, legal advice, corporate finance and accounting. In doing so, we respond precisely to your needs.
Since employees in many companies in Germany can now be vaccinated against Covid-19 by company doctors, this gives employers hope of a "return" from the home office and the normalization of operational processes. At the same time, there are also labor law questions about dealing with non-vaccinated employees.
When founding subsidiaries, the question always arises as to whether it makes more sense to equip them with equity or borrowed capital. In small and medium-sized businesses in particular, borrowing is usually not tax-driven, but rather economically motivated. The flexibility in the granting and repayment of the loan as well as the lower formal requirements are economically convincing. Tax principles must nevertheless be observed: The unclear legal situation leads to double taxation risks.
The Federal Government presented a draft Act on the Modernisation of Corporation Tax Law on 17.3.2021. This also aims to internationalise corporation tax law. The focus here is on the introduction of an option for professional partnerships (Personenhandelsgesellschaften, a German type of professional corporation) and partnership organisations to be treated as corporations for tax purposes as of 1.1.2022.