Germany Tax News

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Federal Council approves Annual Tax Act 2008

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Brazil and Germany signed agreement relating to PIS and COFINS taxes

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Protocol to treaty between United States and Germany approved

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Draft Bill Annual Tax Act 2008 adopted by Federal Parliament

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ECJ: hearing in case regarding transitional rules in respect of abolished German imputation system

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ECJ: Advocate General finds Swedish legislation limiting the exemption of third-country dividends justifiable restriction on EC free movement of capital – details

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European Commission sends reasoned opinion to Germany regarding rules applied to cross-border loss offset

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Tax incentive for venture capital investments

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Compatibility of exclusion of indirect ownership through companies in other EU Member States for French tax consolidation purposes with freedom of establishment referred to ECJ

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OECD releases revised draft of Part IV (Insurance) of the Report on Attribution of Profits to Permanent Establishments

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Federal Cabinet adopts Draft Bill for Annual Tax Act 2008

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ECJ: Finnish group contribution regime compatible with EC Law – details

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German Lower Court

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US Senate hearings on protocol to treaty between Germany and US

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Draft Bill on disclosure requirement for international tax planning structures discussed

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Federal Council approves Bill on Corporate Tax Reform

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ECJ: Interprets anti-avoidance clause under the Merger Directive with respect to Danish rules on taxation of exchanges of shares – details

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EU Commission refers Greece to ECJ concerning discriminatory taxation of dividends

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Second Guideline on implications of ECJ Denkavit case on French dividend withholding tax published

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EU Commission progresses infringement procedure against Austria, Germany, Italy and Finland regarding taxation of outbound dividends

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ECJ: Swedish legislation on dividend tax relief in relations with third countries is compatible with EC law – details

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ECJ: Advocate General holds German switch-over provision for low-taxed passive income of foreign PEs incompatible with EC Law – details

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ECJ: Advocate General finds Dutch withholding tax on outbound dividends incompatible with EC free movement of capital – details

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Federal Cabinet adopts changed proposal for major corporate tax reform 2008

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ECJ: Previous Austrian rules discriminating dividends received from third countries are compatible with free movement of capital under grandfathering clause – details

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Ministry of Finance issues decree in response to ECJ decision Rewe Zentralfinanz

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ECJ: German thin capitalization rules reclassifying interests paid to substantial shareholders in third States are not incompatible with EC law

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Federal Ministry of Finance issues guidance on anti-treaty-shopping rules

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Indian decision that income arising from dealings with an Indian branch is taxable

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International tax conference on CCCTB held in Berlin

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