Steinhoff International Holding – OLG Frankfurt opens model case proceedings
The Steinhoff accounting scandal has shaken investors. Those who have incurred losses can join the ongoing model case proceedings pursuant to the German Capital Markets Model Case Act, the Kapitalanleger-Musterverfahrensgesetz (KapMuG).
ECJ: User consent to social plugins on websites
If websites make use of social plugins, the ECJ has ruled that the provider and the operator of the site are jointly responsible for the collection and transfer of personal user information.
CJEU: Sampling permissible within narrow parameters
The courts have been grappling for years with the extent to which sampling pieces of music breaches copyright. The Court of Justice of the European Union (CJEU) has now ruled that sampling is permissible within narrow parameters.
Conducting litigation in national and cross-border legal disputes
Strategic litigation is essential to enforcing one’s rights in national and cross-border legal disputes.
Detailed project contracts for software development and computer programming
Ready-made software solutions no longer cut it in many businesses whose needs require dedicated software. In this context, attention needs to be paid to how the project contract is drafted.
Automatic exchange of (financial) information (AEOI) – Timely voluntary disclosure for tax evasion
Financial information was automatically exchanged once again on September 30, 2019. Those with unreported income in foreign accounts can still submit a voluntary declaration leading to immunity from tax evasion charges.
Do you have to pay Settlement Agreement Tax?
If you are negotiating a settlement agreement with your employer, it will be important to understand the tax rules that apply to any payment you may receive.
Bär & Karrer Advises Banque Cantonale de Genève on the Placement of CHF 135 Million Additional Tie
Banque Cantonale de Genève successfully completed the placement of CHF 135 million perpetual additional tier 1 subordinated bonds. The additional tier 1 subordinated bonds were issued at 100% of their nominal amount with an interest of 1.875%. Banque Cantonale de Genève, UBS AG, Bank Vontobel AG and Bank J. Safra Sarasin acted as Joint Lead …
Costs incurred obtaining tax advice reduce estate tax burden
The costs incurred by an heir in correcting the testator’s tax return reduce the estate tax burden. That was the verdict of the Finanzgericht (FG) Baden-Württemberg, the Fiscal Court of Baden-Württemberg (Az. 7 K 2712/18).
BFH on exemption of family home from estate tax
An heir inheriting property from his or her parents has a period of six months in which to personally occupy it for residential purposes in order to avoid it being subject to estate tax. That was the verdict of the Bundesfinanzhof (BFH), Germany’s Federal Fiscal Court.