On 25 June 2021, the German Federal Council (upper house of parliament - Bundesrat) approved several important tax laws, which are summarized as follows:
Law to Prevent Tax Avoidance and Unfair Tax Competition (the Tax Haven Defense Law)
The Law to Prevent Tax Avoidance and Unfair Tax Competition (the Tax Haven Defense Law) includes defensive measures designed to restrict individuals and companies from continuing or starting new business relationships with non-cooperative jurisdictions (…