The property tax reform will present an additional challenge for many taxpayers in 2022. The focus is on the necessary assessment declarations for each individual property. The attached presentation provides initial information on this topic. Download the PDF on the property tax reform....

Renewable energies: While the topic of renewable energies and projects in this field is nothing new, we have found that the question of optimal (tax) structuring is a recurring and highly relevant topic. Therefore, we have...

Due to the Corona Crises and the subsequent economic impacts, the German Government passed a temporary VAT rate reduction effective from July 2020 to December 2020. In this English version of our newsletter you will find the main consequences of...

Due to the coronavirus crisis, many German workers have been receiving short-time work benefits since March 2020. This is tax-free according to Section 3 No. 2 Letter a of the Income Tax Act (EStG). At first glance, this sounds good. However, it should be noted that because the short-time work benefits are tax-free,...

In a letter dated January 28, 2020, the Federal Ministry of Finance published new standard values ​​for calculating real estate values ​​for inheritance and gift tax purposes. Depending on the type of building, the index value is now 127,2 or 128,1, respectively, thus reaching a new high....

New Federal Ministry of Finance (BMF) circular allows partial refund of advance tax payments made in 2019. To ensure liquidity, especially for small and medium-sized enterprises, the existing options for reducing or refunding advance tax payments were further expanded in a circular dated April 24, 2020: For...