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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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Extended obligation to detect crises at an early stage

The Business Stabilisation and Restructuring Act (Unternehmensstabilisierungs- und -restrukturierungsgesetz, StaRUG) came into force on 1.1.2021. With […]

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Unilateral imposition of short-time working in an individual employment relationship

Even if the pre-conditions for entitlement to the short-time working allowance have been satisfied it is only possible to unilaterally impose […]

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Commercial trading in property when constructing an extension building

Extensive building and extension measures that a taxpayer carries out on a property that has been privately let for many years when the sale of the […]

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Obligation to register in the core energy market data register

The Federal Network Agency’s (Bundesnetzagentur) core energy market data register has been the central register for all energy generation systems […]

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