454 results found

German Tax Laws

In der digitalisierten Wirtschaft stellen Daten und Geschäftsprozesse eine wesentliche Grundlage der Wertschöpfung dar. Zunehmende Auslagerungen zentraler Funktionen – etwa Finanz-buchhaltung, Lohn- und Gehaltsabrechnung, Zahlungsabwicklung, IT-Hosting, Rechen-zentrumsbetrieb und Cloud-Services – erhöhen das Risikoprofil von Organisationen.

In the digital economy, data and business processes are an essential basis for value creation. The increasing outsourcing of central functions – such as financial accounting, payroll accounting, payment processing, IT hosting, data center operations, and cloud services – increases the risk profile of organizations.

By decision of 18 December 2002, the German Supreme Tax Court held that the option premium received by the writer of an option (call or put) should be recorded as a liability in his books and only taken to income when realised. Under the date of January 12, 2004 the Ministry of Finance issued a decree recognising the Supreme Tax Court decision in principle but disallowing a tax deduction for risks from the option transaction exceeding the amount of the option premium. This article discusses the

German Tax and Legal News -

PwC reports, official pronouncements, Supreme Tax Court Cases from Germany

Effective January 1, 2004, the German Tax Legislation has been amended. For foreign investors, the tightened thin capitalization rules are certainly the most important changes.

German Tax Laws

The acquisition of publicly traded companies in Germany is principally governed by the recently adopted Securities Acquisition and Corporate Takeover Act. (3 page article)