Tax & Legal

On Friday, 17 November 2023, the Bundestag passed the Federal Government's draft bill on financing future-proof investment.

The ECJ held that the expatriate exit tax rule under Section 6 Foreign Tax Act contravened the principle of non-discrimination contained in the Agreement for the Free Movement of Persons between the EU and Switzerland.

The Supreme Tax Court has upheld the German rule providing for immediate taxation (but with a deferral option) of the transfer of a roll-over provision to be held as a fixed asset of a permanent establishment in another member state.

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