Categories: Legislation (48 found)

1. 29.11.2022

   Finance Bill 2022 - Introduction of a so-called "windfall ta ...

   The Federal Ministry of Finance (MoF) has provided the Finance Committee of the Bundestag several formulation aids for its ongoing consultations on the Finance Bill 2022.

   Categories: Legislation

   Keywords: Inflation, Energy, Income tax, corporate ...
2. 11.11.2022

   Bundestag adopts regulations on reporting obligations for di ...

   On 10 November 2022 the Bundestag approved the bill submitted by the Federal Government to implement Council Directive (EU) 2021/514 of 22 March 2021 amending Directive 2011/16/EU on administrative cooperation in the field of taxation and modernising tax procedural law (20/3436, 20/4228).

   Categories: Legislation

   Keywords: DAC 7, tax audit, General Tax Code
3. 11.11.2022

   Bundestag passes Inflation Compensation Act

   On 10 November 2022, the Bundestag passed the bill introduced by the ruling Coalition "to compensate for inflation through a fair income tax rate and to adjust other tax regulations" (Inflation Compensation Act.)

   Categories: Legislation

   Keywords: Inflation, Income Tax Act, income tax ex ...
4. 04.11.2022

   Adaptation of the Inflation Compensation Bill

   On 2 November 2022, the Federal Cabinet adopted the 5th Tax Progression Report and the 14th Subsistence Minimum Report. The Inflation Compensation Bill, which was introduced on 14 September 2022, is now to be adapted during further parliamentary procedures. It is to take effect on 1 January 2023

   Categories: Legislation

   Keywords: Income Tax Act, income tax exemption, ch ...
5. 03.11.2022

   Bundesrat agree energy price flat rate for recipients of old ...

   In its plenary session on 28 October 2022, the Bundesrat gave the green light for the payment of an energy price flat rate sum to recipients of old age and other pensions by approving the corresponding bill from the Bundestag, which had had its second reading on 20 October 2022. Also approved was the upper limit for employment income subject to social security contributions.

   Categories: Legislation

   Keywords: Inflation, social security contributions ...
6. 28.10.2022

   Bundesrat adopts recommendations of its committees on the Fi ...

   In its meeting today, the Bundesrat (Federal Council) by and large adopted the various demands and requests for review made by its committees in their representations on the Finance Bill 2022.

   Categories: Official Pronouncements, Legislation

   Keywords: Corporation tax, Income Tax Act, Finance ...
7. 07.10.2022

   Update: Bundestag passes bill for a temporary reduction in V ...

   In its parliamentary session of today the Bundestag has approved certain measures towards reducing gas costs for consumers and measures to address general cost increases (inflationary costs).

   Categories: Legislation

   Keywords: Inflation, energy tax
8. 08.09.2022

   Coalition parties present further package of measures for re ...

   Following their committee meeting on 04 September 2022, the coalition parties have presented a further package of measures (known as the Third Relief Package) for relief in the current crisis.

   Categories: Official Pronouncements, Tax & Legal New ...

   Keywords: relief, EU Law, Income tax, legislation
9. 25.08.2022

   Full speed ahead: Ministry of Finance announces full commitm ...

   On 25 August 2022, the German Federal Ministry of Finance (MOF) published the key points for a more powerful fight against financial crime and a more effective enforcement of sanctions in Germany. With the planned measures it is envisaged to bundle the most important responsibilities and competences under the umbrella of a new federal authority.

   Categories: Legislation

   Keywords: Money laundering
10. 19.08.2022

    Government to reduce value added tax on gas

    In view of the rise in gas prices, the German government wants to ease the burden on consumers in terms of value added tax (VAT). In future, the VAT on gas consumption will be 7 percent instead of the current 19 percent, Chancellor Scholz announced in Berlin. This is to apply until March 31, 2024 – i. e., as long as gas levies are charged.

    Categories: Legislation

    Keywords: energy tax, gas levy
11. 12.08.2022

    Germany to transpose EU Whistleblower Protection Directive i ...

    On 27 July 2022, the Federal Government adopted the draft bill submitted by the Federal Ministry of Justice for better protection of whistleblowers and for the implementation of the EU Directive 2019/1937 on the protection of persons reporting infringements of EU law. The draft bill will be forwarded to the Bundesrat (Federal Council/upper house) for comment and, following a rejoinder by the Federal Government, passed on to the Bundestag (lower house) for further discussion and approval.

    Categories: Legislation

    Keywords: Whistleblower
12. 05.08.2022

    Ministry of Finance: Draft Finance Bill 2022

    On 28 July 2022, the Federal Ministry of Finance (MoF)) sent its draft of a Finance Bill 2022 to the industry associations with a request for comments by August 11.

    Categories: Legislation

    Keywords: Licensing rights, Finance Bill
13. 28.07.2022

    Tax & Legal Newsflash – German IP nexus rules

    Draft bill on the taxation of payments for rights registered in a German register

    Categories: Legislation, Tax & Legal Newsflash

    Keywords: Steuern / Tax, Gesetzgebung
14. 11.07.2022

    Update: Bundestag lowers interest rate for tax arrears and r ...

    On Thursday, 23 June 2022, the Bundestag resolved to reduce the interest rate for interest on tax arrears and tax refunds. The resolution was based on the recommendation of the Finance Committee.

    Categories: Legislation

    Keywords: tax interest, unconstitutional, General ...
15. 08.07.2022

    Finance Committee approves amendments on two double tax agre ...

    On 6 July 2022 the Finance Committee of the German Bundestag (whose working scope basically coincides with the responsibilities of the Federal Ministry of Finance) approved specific revisions to the double tax treaties with Mauritius and Mexico.

    Categories: Legislation

    Keywords: BEPS, double tax treaty, Profit Shifting
16. 02.06.2022

    Tax Relief Act 2022 enters into force

    The Tax Relief Act 2022 was published on 31 May 2022 and has thus entered into force.

    Categories: Official Pronouncements, Legislation

    Keywords: Income Tax Act
17. 30.03.2022

    UPDATE: Federal Ministry of Finance publishes Tax Relief Bil ...

    Following the release on 23 February 2022 by the Committee of the Coalition Government of a paper entitled “10 Steps to Relieve our Country”, the Federal Ministry of Finance published the draft Tax Relief 2022 bill on 2 March 2022.

    Categories: Official Pronouncements, Legislation

    Keywords: Income tax, tax relief, coal
18. 16.03.2022

    Bundesrat: Draft Bill Organised Tax Evasion

    The draft bill is being (re-)introduced to combat serious tax evasion executed via organised -"gang"- structures. The current law is limited to organised evasion of VAT and excise duties.

    Categories: Legislation

    Keywords: cum-ex, Tax evasion, organised crime
19. 24.02.2022

    Federal Ministry of Finance produces draft bill for the amen ...

    The Federal Ministry of Finance published a draft bill dated 14 February 2022, regulating the statutory interest rate for interest on tax arrears and tax refunds.

    Categories: Tax & Legal News, Legislation

    Keywords: interest, tax arrears, tax refunds
20. 17.02.2022

    Fourth Corona Tax Relief Act - Draft Bill - UPDATE!!

    The German Federal Ministry of Finance has presented the draft bill for a fourth act implementing tax relief measures to address the Corona crisis (Fourth Corona Tax Relief Act) the following tax measures,inter alia, are envisaged:

    Categories: Official Pronouncements, Legislation

    Keywords: Coronavirus (COVID-19), Loss relief, Inc ...
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