Suchergebnisse für: `databanks` (307 gefunden)

1. 28. November 2017

   Limited taxpayers: withholding tax on cross-border licensing ...

   At the beginning of November 2017 the Federal Finance Ministry published the long-awaited circular on its intended application of the rules (Section 50a Income Tax Act)applying to limited taxpayers and withholding tax on cross-border licensing of software and databanks.

   Kategorien: Official Pronouncements

   Schlagwörter: International Tax, administrative princi ...
2. 07. Dezember 2023

   ECJ: General Data Protection Regulation opposes data process ...

   In two decisions the European Court of Justice (ECJ) held that the General Data Protection Regulation (GDPR) opposes two data processing practices by credit information agencies. While ‘scoring’ is permitted only under certain conditions, the prolonged retention of information relating to the granting of a discharge from remaining debts is contrary to the GDPR.

   Kategorien: European Court of Justice

   Schlagwörter: Data processing
3. 13. September 2016

   Electronically supplied services for VAT purposes: the provi ...

   The Supreme Tax Court held that services provided by a US-resident online-dating agency to German resident private users constituted electronically supplied services, with their place of supply in Germany.

   Kategorien: Supreme Tax Court cases

   Schlagwörter: VAT, Electronically supplied services, P ...
4. 05. Januar 2011

   Constitutional Court allows house search on basis of stolen ...

   The Constitutional Court has rejected a complaint from a taxpayer against a court order for a house search after the secret service gave a CD with income data from Liechtenstein to the tax authorities.

   Kategorien: PwC Reports

   Schlagwörter: Tax evasion, house search, tax haven, ba ...
5. 21. Juni 2024

   Access for taxpayers to personal data information pursuant t ...

   In a recent decision, the Supreme Tax Court commented for the first time on the requirements and scope of the right to information under the General Data Protection Regulation.

   Kategorien: Supreme Tax Court cases

   Schlagwörter: Data processing, Data Protection
6. 28. Mai 2015

   Bank interest

   The finance ministry has announced that it considers negative interest charged by banks on deposits as a non-deductible expense and interest paid by banks on refunds of loan handling fees as income subject to withholding tax.

   Kategorien: Official Pronouncements

   Schlagwörter: handling fee, bank interest, negative in ...
7. 06. August 2025

   More effective detection of tax evasion and tax fraud: Germa ...

   According to a press release issued today the Cabinet has decided to extend the retention period for accounting documents at banks, insurance companies and securities institutions to ten years. The amendment to the law aims to combat tax evasion and strengthen effective tax enforcement. This will enable large-scale tax evasion cases, such as those involving cum/cum and cum/ex transactions, to be vigorously prosecuted.

   Kategorien: Official Pronouncements

   Schlagwörter: retention requirement, accounting data, ...
8. 20. Dezember 2011

   Bank levy double tax treaty with UK

   Germany and the UK have signed a double tax treaty on bank levies for retrospective application to January 1, 2011.

   Kategorien: PwC Reports

   Schlagwörter: bank levies, German levy
9. 16. August 2011

   Swiss bank secrecy upheld

   Germany and Switzerland have initialled a treaty for the anonymous taxation of German assets in Switzerland whilst respecting the Swiss bank secrecy for criminals.

   Kategorien: PwC Reports

   Schlagwörter: Swiss bank, bank secrecy, tax evaders
10. 22. Juni 2011

    Bank entitled to cost reimbursement for providing informatio ...

    The Supreme Tax Court has granted a bank the right to claim a refund of its costs in answering a tax office request for copies of a customer’s bank statements.

    Kategorien: Supreme Tax Court cases

    Schlagwörter: information, documents, banks
11. 24. Juli 2012

    Portfolio management services not exempt as banking

    The ECJ has held that portfolio management services provided by a bank do not fall under the investment dealing exemption, but are, as a financial service, taxable in the country of the non-business customer.

    Kategorien: From Europe

    Schlagwörter: portfolio management
12. 22. Juli 2015

    Automatic exchange of bank account information

    The cabinet has adopted a bill to regulate the automatic exchange of bank account and investment income information with the 60 co-signatory states of the “multilateral competent authority agreement on automatic exchange of financial account information”.

    Kategorien: PwC Reports

    Schlagwörter: competent authority, bank account inform ...
13. 11. März 2024

    Trade tax banking privilege also for group financing company

    According to a ruling of the Supreme Tax Court the sole criterion for claiming the banking privilege for trade tax purposes is that the assets from banking transactions and the purchase of monetary receivables outweigh the assets from other business activities. With its decision the court thus keeps to the strict wording of the relevant statute.

    Kategorien: Supreme Tax Court cases

    Schlagwörter: Banking Act, trade tax addback, intra-gr ...
14. 07. März 2024

    ECJ: Auctioning of personal data for advertising purposes un ...

    In a Belgian case, the European Court of Justice clarified the term "personal data" and the conditions under which a sectoral organization, insofar as it provides its members with a framework of rules on consent to the processing of personal data, is to be classified as a "joint controller"’ within the meaning of the General Data Protection Regulation (GDPR). The ECJ also comments on the limits of the joint and several liability of such an organization.

    Kategorien: European Court of Justice

    Schlagwörter: Personal data
15. 10. April 2013

    Bank officer not liable for probable evasion by customers

    The Supreme Tax Court has upheld a lower court ruling absolving a bank officer from liability for his complicity in supporting the probable evasion of tax on interest income by customers.

    Kategorien: Supreme Tax Court cases

    Schlagwörter: evasion, bank officer, accessory
16. 24. Mai 2019

    State of Lower Saxony Tax Authorities issue directive announ ...

    According to Section 6(1) no. 3 Income Tax Act, non-interest-bearing liabilities with terms of at least 12 months, which do not constitute a deposit or advance payment, are to be discounted, i.e. a fictitious interest component (interest rate 5.5%) is initially deducted from profits and added back to profits in subsequent years as notional interest over the term of the loan.

    Kategorien: Official Pronouncements

    Schlagwörter: discounts, banks, fictitious interest, l ...
17. 09. Juli 2013

    Withholding tax exemption on dividends on shares held in ban ...

    The finance ministry has announced the arrangements for claiming withholding tax exemption under the EU Parent/Subsidiary Directive on dividends on shares held in the custody of a bank.

    Kategorien: Official Pronouncements

    Schlagwörter: withholding tax, dividend, Parent/Subsid ...
18. 11. März 2024

    No right to erase personal data from the Associations Regist ...

    The Cologne Higher Regional Court decided on 3 May 2023 that a former chairman of the board of a registered association has no right to have his personal data deleted from the Associations Register.

    Kategorien: Tax & Legal News, Legislation

    Schlagwörter: Personal data, Data Protection
19. 20. August 2015

    No use of electronic data collected by tax auditors against ...

    The Supreme Tax Court has held that tax auditors may only evaluate taxpayer data in the taxpayer’s offices or in their own tax offices and must delete it once the assessments for the year in question are final.

    Kategorien: Supreme Tax Court cases

    Schlagwörter: tax audit data, electronic data
20. 05. Dezember 2024

    EU Council agrees to make consumers’ financial data more acc ...

    On 4 December 2024 the Council of the EU reached an agreement on a proposed framework for Financial Data Access (FIDA) that aims to open the access of financial institutions to each other’s customer data.

    Kategorien: From Europe

    Schlagwörter: electronic data
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