On 17 March 2021, the German Ministry of Finance issued a release on Brexit and Taxation as follows. The Ministry also issued related releases on Brexit and Customs, Brexit and Financial Markets, and Information on Brexit.
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Brexit and taxation
Germany adopted the Tax Act Relating to Brexit (Brexit-Steuerbegleitgesetz), which was intended to prevent detrimental legal consequences occurring solely as a result of Brexit for taxpayers who have completed all essential tax-relevant acti…