16.07.2024 Accrual and taxation of unpaid bonus for shareholding managi ... A management bonus for the majority shareholder and managing director of a limited liability company (GmbH) which is not recorded as a liability in the certified annual financial statements is not immediately subject to income tax, even if it is mandatory under generally accepted accounting principles to record a liability to this effect in the (certified) financial accounts. Categories: Supreme Tax Court casesKeywords: management agreement, bonus share
12.07.2024 EUの刑法による環境保護に関する指令の制定 EUは、2024年4月11日、刑法による環境保護に関する指令を採択しました。環境犯罪が世界的に年5-7%のペースで増加し、環境、健康及び経済に対して年間800億~2,300億ユーロもの損害を及ぼす脅威となる一方で、その摘発等が十分になされない状況下、本指令は、環境犯罪に係る調査や刑事責任の追及のあり方の改善を目的として、従前の指令に代えて、環境犯罪となる行為を拡大し、刑罰等を強化する方向で、EU全域におけるそれらの最低基準を定めるものです。 Categories: Japan Business Network (JBN) NewsflashKeywords: Japan
11.07.2024 ECJ: Transactions between members of VAT group not taxable Following yet another preliminary ruling regarding the German regulations of consolidated tax groups for VAT purposes the European Court of Justice held that a VAT group’s internal transactions do not fall within the scope of value added tax and remain non-taxable. Categories: European Court of JusticeKeywords: VAT group, intracompany transaction
08.07.2024 No access to tax files to check possible claim for damages a ... The access to tax files after the taxation proceedings have been carried out is not permitted if the taxpayer wishes to pursue non-tax-related purposes, such as the examination of a claim for damages against the tax advisor. In its decision the Supreme Tax Court noted that this does not affect the right to information on the processing of personal data in accordance with the General Data Protection Regulation. Categories: Supreme Tax Court casesKeywords: Personal data, Data Protection
05.07.2024 No inheritance and gift tax privilege for parking garage In a recent decision, the Supreme Tax Court held that a multi-storey car park (parking garage) is not eligible for the inheritance tax privilege available for business assets. Categories: Supreme Tax Court casesKeywords: inheritance tax privilege, special busin ...
02.07.2024 RETT: No protection of legitimate expectation in case of ind ... In a most recent decision, the Supreme Tax Court commented on the tax situation of an indirect unification of shares through intermediary partnership in 2012 with respect to the relevant holding for establishing its interest in the related real-estate holding company. The court further held that there is no protection of legitimate expectations with respect to the tax effects of a subsequent judgment of the Supreme Tax Court in 2017. Categories: Supreme Tax Court casesKeywords: share transfer, Protection of legitimate ...
01.07.2024 Constitutionality of the loss set-off restriction for forwar ... In the summary review required during suspension proceedings under Section 69 (3) of the German Tax Court Code, the loss set-off restriction for forward transactions/futures under Section 20 (6) Sentence 5 of the German Income Tax Act (ITA) in the version of the Finance Act 2020 of 21 December 2020 (Federal Law Gazette I 2020, 3096) is incompatible with Article 3 (1) of the German Constitution. This was decided by the Supreme Tax Court in a ruling published on 27 June 2024. Categories: Supreme Tax Court cases, Tax & Legal New ...Keywords: Futures, losses, loss curtailment, Incom ...
28.06.2024 Calculation of tax-free bonus for night shifts The bonus paid to employees for work performed outside regular working hours (here: during the night-shift) that are remunerated separately must be determined based on the salary paid to the employee for regular working hours and not on the remuneration for the night-shift. Categories: Supreme Tax Court casesKeywords: night work, employee taxation
25.06.2024 Update: Flat-rate energy price allowance subject to income t ... According to a recent decision of the Münster Tax Court the energy price allowance paid to employees in 2022 is taxable as income from employment. Section 119 para. 1 sentence 1 Income Tax Act, as contested by the plaintiffs, is not unconstitutional. Categories: Supreme Tax Court casesKeywords: energy tax, income from employment
21.06.2024 ドイツにおける資本収益税免税・還付手続きのドイツ連邦中央税務 ... 2024年4月2日付のドイツ連邦政府からの回答によると、資本収益(配当)に対するドイツの資本収益税の免除証明書ならびに軽減税率適用証明書の発行が遅延していることが明らかになりました。ドイツ連邦政府から得られたドイツ連邦中央税務局(BZSt)の処理状況について解説するとともに、在独日系企業への影響を考察します。 Categories: Japan Business Network (JBN) NewsflashKeywords: Japan
21.06.2024 Federal Social Court unexpectedly rules in favour of the obl ... In a recent judgement, the Federal Social Court confirmed the German Pension Insurance of Oldenburg-Bremen’s opinion and thus overturned the decisions of the lower courts. At the heart of the case was the question of whether expenses for an office anniversary celebration, which amounted to more than EUR 110 per employee and was only subjected to flat-rate taxation on a date well after the pay slip was issued, were subject to social security contributions. Categories: Tax & Legal NewsKeywords: social security, lump sum, social securi ...
21.06.2024 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. Categories: Supreme Tax Court casesKeywords: Data processing, Data Protection
19.06.2024 欧州のサイバーセキュリティに関する法令、NIS2指令とは NIS指令はEUのネットワーク・情報システムのセキュリティレベル向上を目指して、2016年に成立、施行された法令です。しかしNIS指令では、EU域内において各国が国境を越えたサービスを提供する中で、加盟国によって求めるセキュリティ対策のレベルが異なることから、一部の加盟国がサイバー脅威に対して脆弱になり、その影響がEU全体に波及する可能性があります。そのため、加盟国間の大きな相違を解消することを目的にNIS指令が廃止され、新たにNIS2指令へと改正されることとなりました。 Categories: Japan Business Network (JBN) NewsflashKeywords: Japan
18.06.2024 Federal Ministry of Finance: Draft circular on mandatory ele ... On 14 June 2024, the Federal Ministry of Finance (MoF) published a draft circular on the introduction of mandatory electronic invoicing for transactions between domestic businesses from 1 January 2025. Categories: Official PronouncementsKeywords: electronic invoice
17.06.2024 Trade tax addback of portfolio dividends in 2001 tested befo ... After the European Court of Justice had answered the preliminary request submitted by the Supreme Tax Court on the subject of trade tax addback of foreign portfolio dividends in the year 2001, the latter continued to suspend the appeal and now referred the matter to the Constitutional Court. It should be ascertained whether the transitionary regulation, which had been introduced with the replacement of the imputation system in 2001 with the half-charge to income tax, contravenes the principles of legitimate expectations laid down in Article 20 (3) of the Basic Law. Categories: Supreme Tax Court casesKeywords: trade tax addback
14.06.2024 ECJ: No fixed establishment of German company on the basis o ... The European Court of Justice held that a German resident company (limited partnership) has no establishment for VAT purposes in Romania under a service contract with a Romanian group company. The court also addressed the question of the place of performance under the circumstances in the case referred. Categories: European Court of JusticeKeywords: permanent establishment (PE), Place of s ...
14.06.2024 Federal Ministry of Finance circular on VAT taxation of publ ... In a detailed circular dated 12 June 2024, the Federal Ministry of Finance has commented on the input tax deduction by legal entities under public law operating as businesses. Categories: Official Pronouncements, Tax & Legal New ...Keywords: VAT Act
13.06.2024 Data protection: Council agrees position on GDPR enforcement ... The Council of the EU reached an agreement on a common member states’ position on a new law which will improve cooperation between national data protection authorities when they enforce the General Data Protection Regulation (GDPR). Categories: From EuropeKeywords: Data Protection
12.06.2024 Japanese tax update : Update on new JCT platform taxation ru ... This newsletter provides a summary of the Japanese consumption tax (‘JCT’) platform taxation rules provided under the amendments to the Act. Categories: Japan Business Network (JBN) NewsflashKeywords: Japan
11.06.2024 ECJ: Commission must pay interest on fines unduly imposed in ... The European Court of Justice decided today that the Commission must pay interest on fines it has unduly imposed in competition matters and which it has provisionally collected. That interest is intended to compensate, at a standard rate, the undertaking concerned for the loss of the amount in question. Categories: European Court of JusticeKeywords: interest, fine, compensation