On 8 July 2022, the German Federal Council (upper house of parliament - Bundesrat) approved the Second Law (Act) amending the Tax Code and the Introductory Law to the Tax Code. The law was approved by the German Bundestag (lower house of parliament) on 23 June 2022. The law amends the 6% per annum interest on back taxes and tax refunds, which was found unconstitutional from 2014 onwards by the Federal Constitutional Court in July 2021. As previously reported, the Court found that the intere…