On April 8, 2020, the German cabinet resolved a draft law to amend the German Foreign Trade Act. The draft law generally tracks the Ministerial Draft presented by the German Federal Ministry of Economics and Energy...

On 27 May 2021, the German Supreme Tax Court published two decisions dated 1 December 2021 regarding the taxation of management participations (Ref. VIII R 21/17 and VIII R 40/18).

According to the current view of the tax authorities, advertising expenditures for the placement of online advertising with foreign providers may be subject to a withholding tax of 15.825 % (incl. solidarity surcharge) on domestic clients.

On 10 February 2021, the German Federal Government published its draft Transparency Register and Financial Information Act. The purpose of the Government Draft is to intensify the fight against money laundering and terrorist financing.

With this report the Commission expresses its views in favour of certain legislative amend-ments of the remuneration rules under CRD IV.

M&A

Please find another M&A update due to the COVID-19 pandemic.

Please find another M&A update with regard to the COVID-19 pandemic.

On December 19, 2012 the European Securities and Market Authority published two consultation papers on the Directive on Alternative Investment Fund Managers.

The Federal Ministry for Economic Affairs and Energy has now published the long-awaited draft law revising the German Placement Agent Regulation ("FinVermV").

Important Clarifications on the Permissibility of Investments in Closed-End Funds for German Special Funds (Spezialfonds)

On April 19, 2018, the European Parliament has adopted the 5th Anti-Money Laundering Directive (5AMLD).

It remains to be seen, which specific evidence will have to be provided in order to prove a tax-neutral repayment of contributed equity.

ESMA's advice is a condition for the introduction of the passport by the Commission which generally shall occur within three months following receipt of the advice.

On June 23, 2016, the UK electorate voted in a referendum by 51.9% to 48.1% to leave the EU. The actual departure from the EU will be preceded by complex negotiations.

The German Federal Government enacted a Regulation amending the German Foreign Trade Ordinance on 12 July 2017.

On 10 December 2019, the Federal Ministry of Finance published a draft bill for a law to implement the Anti Tax Avoidance Directive (ATAD-Umsetzungsgesetz - ATADUmsG).

In individual cases, distributions from a taxopaque foreign family trust to a German tax resident beneficiary may be subject to both gift tax and income tax.

Almost one year after the publication of a first ministerial draft, the 10th amendment to the German Act against Restraints of Competition has entered into force on 19 January.

On June 27, 2024, the German Federal Ministry of Labor and Social Affairs (Bundesministerium für Arbeit und Soziales) and the German Federal Ministry of Finance (Bundesministerium der Finanzen)...