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German Draft Bill to Include Amendments to Limit Hybrid Financing, Limit Participation Exemption, and Expand Loss Forfeiture Exceptions

|Proposed Changes|Germany
Germany

Legislative committees of the German Bundesrat have recently issued recommendations for a number of amendments to be included in a draft bill amending Germany's General Tax Code in regard to alignment with European Customs Codex and other Measures. Amendments are proposed to limit deductions related to hybrid financing arrangements, limit the participation exemption for capital gains from portfolio shareholdings, and expand the intra-group exception for loss forfeiture rules.

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