Tax & Legal News – Issue 1, February 2017
In this issue: PwC Reports, Official Pronouncements and Supreme Tax Court Cases.
PwC Reports Amendment of tax loss utilisation rules for corporations
German Government adopts bill to combat tax avoidance
Restriction of tax relief on royalty payments: draft bill released as part of the efforts to combat harmful tax practices
Bundesrat gives its assent to the packet of measures against profit reduction and profit shifting
Official Pronouncements Administration publishes regulations on branch profits
Supreme Tax Court Tax exempt assumption of liabilities
No trade tax addback for rent paid to foreign trade fair companies
10 percent threshold for input VAT deduction for private use only
Depreciation of wind turbines not before transfer of risk
No extension of inheritance tax privilege for repeated transfers to transfers taxable abroad
