Tax & Legal News – Issue 2, March/April 2017

In this issue: PwC Reports, Official pronouncements, Supreme Tax Court Cases and From Europe

PwC Reports

Leaving the EU: Brexit and its impact on German businesses

Plans to restrict the deduction of royalty expenses to combat tax planning by international groups

US corporate tax reform planned

The long and winding road: Trade Facilitation Agreement now in force

New Ministry of Finance Circular planned: Agreement upon a Revision of the Treatment of Cum/Cum Transactions

Federal cabinet approves new rules as part of the fight against money laundering and financing of terrorism

Official Pronouncements

Promoting electrical mobility: Further tax relief for private use of electric-powered cars

Taxation of company cars in case of leasing

Tax authorities finalise standards for the automatic exchange of financial information

VAT situation for the public sector

Supreme Tax Court Cases and From Europe

No economic ownership of lessee in case of a sale-and-lease back

No extended trade tax deduction on the disposal of an interest in a real estate partnership

Write-downs to fair market value resulting from foreign exchange rate differences on investment units to be added back

Interest paid by foreign partner deductible also in case of two-tier partnership

ECJ rules on Subject-to-tax requirement of the Parent-Subsidiary Directive


Zum Anfang