Mainz, July 28, 2020 – The supervisory authorities responsible for the ‘non-financial sector’ at the state level for the Anti Money Laundering Act are increasingly questioning the business activities of holding companies. The rule is to clarify whether the respective company may be classified as a financial company (Section 1 […]
-> Read moreMainz, July 20, 2020 – In its Judgment of July 16, 2020 , the ECJ ruled that the EU Commission decision on the adequacy of the “Privacy Shield” is invalid. The Privacy Shield Program therefore no longer offers legal security when transferring personal data to the USA. With regard to […]
-> Read moreMainz, March 30, 2020 – On Wednesday, March 25, 2020, the Bundestag unanimously adopted a bill to mitigate the consequences of the Covid-19 pandemic in civil, bankruptcy and criminal procedure law (19/18110). This results in various legal changes in different areas for certain time periods. Here are a few key […]
-> Read moreMainz, March 24, 2019 – Last Thursday, March 21, 2019, the Bundestag adopted the draft of a Trade Secret Law (GeschGehG) introduced by the Federal Government. This implements the relevant Directive (EU) 2016/943 (“Know-how Directive”) and establishes its own basic law, which aims to provide appropriate protection against unlawful acquisition, […]
-> Read moreMainz, February 22nd, 2019 – What is to be considered from the point of view of data protection law, if my company operates a Facebook page? We give you a brief overview of the state of affairs below. 1. The ECJ judgment Following a request from the Federal Administrative Court, […]
-> Read moreMainz, 9 January 2019 – The Mainz law firm for tax and legal advice Reiter Partnerschaft mbB is gaining another partner, thus continuing its own growth path step by step. Since 1 January 2019, Jacob Senftinger has joined as an additional lawyer. The 34-year-old Senftinger already brings with him seven […]
-> Read moreThe German Federal Constitutional Court has announced it’s decision that the German rules on limitation of tax loss carry-forwards for corporations are unconstitutional. In it’s press release No. 34/2017 of 12 May 2017 the Federal Constitutional Court announced that the German tax loss carry-forward rule in § 8c sentence 1 […]
-> Read moreThe German legislator concluded a reform of the German Inheritance Tax Act. This Reform aims at specific relief provisions for business assets. The new version of the Inheritance Tax Act will be in force from 1 July 2016 onwards. For further details please contact us.
-> Read moreBritain votes to leave – The Brexit will impact cross border business between EU countries and the UK. Many German tax rules in the cross-border context include specific exceptions or benefits for business relationships within the EU or the EEA. These rules are based on the EU freedoms such as […]
-> Read moreThe German Federal Ministry of Finance published on 18 March 2016 a draft cirular on the distribution and apportionment of profits between a head office and a permanent establishment. This draft circular explains in detail (152 pages) with many examples how profits shall be allocated between e.g. a foreign head office […]
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