PwC

Tax & Legal

      • nivo slider image nivo slider image nivo slider image

    Tax & Legal

      No objection to 10 year tax deferral on transfer of assets abroad


      An ECJ advocate general has suggested the court rule that a German practice of allowing deferral of taxation on the hidden reserves (appreciation in value) in intangible assets transferred abroad is proportional and reasonable in the light of the overall need to ensure a fair distribution of taxing rights between member states.