11.10.2024 Energy related tax reduction for the renewal of a heating sy ... The Supreme Tax Court decided that the tax reduction for energy-related measures, such as the installation of a modern boiler, can only be granted once the installation has been carried out and the invoice amount has been transferred in full to the account of the installation company. Categories: Supreme Tax Court casesKeywords: Energy, renewable energy
17.11.2023 Allocation of trade tax in case of large battery storage sys ... On 13 November 2023, the German Federal Ministry of Finance (MoF) published identical decrees issued by the highest tax authorities of the German Federal States on the allocation of trade tax between municipalities in case of large-scale battery storage systems for storing wind and solar energy (according to the provisions set forth in Section 29 Trade Tax Act). Categories: Official PronouncementsKeywords: trade tax, renewable energy
14.11.2023 Bundestag decides on Future Financing Act On Thursday, 16 November 2023, the Bundestag will vote on the Federal Government's bill to finance future-proof investments. Categories: Official Pronouncements, Tax & Legal New ...Keywords: Real Estate, investment funds, employee ...
21.12.2022 EU Commission approves German schemes to support electricity ... Today, the EU Commission approved, under State aid rules, German measures to support electricity production from renewable energy sources through amendments to the Renewable Energy Act and a scheme to support offshore wind energy generation by amendments to the German Offshore Wind Energy Act. Categories: From EuropeKeywords: electricity, energy tax, renewable energ ...
03.10.2022 EU-Commission approves German measure to support BASF in the ... The European Commission has approved, under EU State aid rules, a €134 million German measure to support BASF SE (‘BASF') in the production of renewable hydrogen, with the aims of decarbonizing its chemical production processes and of promoting hydrogen use in the transport sector. Categories: From EuropeKeywords: state aid, renewable energy
27.09.2022 Commission approves additional German measures to support re ... The European Commission has approved, under EU State aid rules, three additional measures to support electricity production from renewable energy sources in Germany. The additional measures supplement the German Renewable Energy Act (“Erneuerbare Energien Gesetz” – ‘EEG 2021') and will further contribute to achieving Germany's environmental targets and the EU's strategic objectives relating to the EU Green Deal. Categories: From EuropeKeywords: electricity, renewable energy
21.06.2022 Identical decrees issued by the highest tax authorities of t ... On 20 June 2022, the German Federal Ministry of Finance (MoF) published identical decrees issued by the supreme tax authorities of the Federal States on certain application issues in relation to the extended reduction of trading income pursuant to Section 9 No. 1 Sentences 3 and 4 of the Trade Tax Act as amended by the “Act to strengthen Germany as a location for funds and to implement Directive (EU) 2019/1160 amending Directives 2009/65/EC and 2011/61/EU with regard to the cross-border marketing of undertakings for collective investments” – in short the “Fund Location Act” of 17 June 2021. Categories: Official PronouncementsKeywords: trade tax, tax incentive, electric mobil ...
