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On the horizon – The modernisation of German partnership law

The revision of German partnership law has been on the political agenda for a long time already. Now, however, the first milestone has been achieved – […]

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Adaptation of rental payments due to COVID-19-induced measures

To mitigate business closures during the pandemic, German lawmakers have decided to bolster the negotiation options of commercial tenants and lessees. […]

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Classification under employment law of crowdworkers in the case of control methods typical for employees

The term crowdworkers refers to workers who take on assignments that are made available to a group of people (crowd). The assignments are generally […]

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Pension provisions – Salary sacrifice arrangements where there is a sole shareholding managing director

The recognition of a pension provision requires a salary sacrifice within the meaning of the Occupational Pensions Improvement Act (Gesetz zur […]

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Corporate advertising on private cars – When do employees (not) have to pay tax on the money they receive?

If employers pay employees to advertise on their private cars then they do not necessarily have to pay tax on the payments they receive. The crucial […]

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Foreign currency transactions – Currency hedging gains may be almost tax-free

Cross-border transactions with companies outside of the eurozone normally have an inherent currency risk. To reduce this currency risk, currency […]

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The 2020 Annual Tax Act – Important changes trelating to various types of tax and the tightening of criminal law for tax offences

On 18.12.2020, the Bundesrat (upper house of the German parliament) approved the 2020 Annual Tax Act. Its aim is to continue to alleviate the burdens […]

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2020 Administrative Principles – Stricter obligations of cooperation for cross-border transactions

Taxpayers are generally obliged to cooperate in enquiries into tax matters. These obligations of cooperation were specified by the fiscal authority, […]

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Limited tax liability and tax deduction where rights have been transferred

Limited tax liability can already arise if the income in Germany is generated solely from rights that have been recorded in a register in Germany. A […]

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Highlights of the Trade and Cooperation Agreement between the EU and the UK

On 24.12.2020, it finally happened – after seemingly endless negotiations between the EU Commission and the British government a compromise was […]

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