Tax & Legal News – Issue 5, September 2015

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

Official Pronouncements

• Comprehensive car insurance for employees
• VAT on asset leasing
• Non-typical silent partnership excludes company from Organschaft

Supreme Tax Court Cases

• Arm’s length related-party loan interest to include risk uplift
• Foreign tax credit rather than exemption does not offend against the constitution
• No unilateral treaty override confirmed
• Commodity warrants are not investments
• No use of electronic data collected by tax auditors against other taxpayers
• VAT-free intra-community supply must be supported by required documentation

From Europe

• Full expense deduction for tax group members also for foreign subsidiaries
• No EU objection to German tax rules on EU branch losses?

From PwC

• Breaking news

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