08.02.2022 German Federal Ministry of Finance (MoF) published two circu ... On January 27, 2022, the German Federal Ministry of Finance (MoF) published two circulars in relation to the royalty limitation rules. Categories: Official PronouncementsKeywords: royalties, Patent Boxes, royalty limitat ...
14.03.2017 Plans to restrict the deduction of royalty expenses to comba ... On 25 January 2017 the federal government approved a draft of the Act to Combat Harmful Tax Practices in connection with the Licensing of Rights. The intention is to prevent multinational businesses from transferring their royalty income to countries, which offer such income preferential treatment. Such preferential tax regimes (so-called Licence Boxes, Patent Boxes or IP-Boxes) are considered not to meet the demands of the OECD and G20 BEPS Project. A new provision is to be introduced to the Income Tax Act (ITA) for this purpose; the new provision should be applied to expenses arising after 31 December 2017. Categories: PwC ReportsKeywords: royalties, licence box, IP-Boxes, Patent ...
14.08.2013 Import value of DVDs includes estimated royalties payable by ... The Supreme Tax Court has held that the import value of film DVDs shall include an uplift to the purchase price to reflect royalties payable by the subsequent purchasers on their proceeds from hiring or selling the films. This uplift can be estimated. Categories: Supreme Tax Court casesKeywords: DVD, import value, royalties, customs
