OrbitaxOrbitax

Germany Considering New Loss Carry Forward Rules for Change of Ownership

|Proposed Changes|Germany
Germany

The German Cabinet has approved proposed legislation that would allow the use of carried forward losses upon change of ownership in certain cases. Currently, the losses of a company are generally forfeited where there is a change of ownership of 50% or more, and a reduction in available losses where there is a change of ownership between 25% and 50%. Under the proposed legislation, the carry forward of losses would be allowed, provided that the restructured company had been operating exclusiv…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.