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News

International Taxation

Germany Publishes Newly Updated Administrative Guidance on Transfer Pricing

An overview by Flick Gocke Schaumburg, Taxand Germany Germany’s Federal Ministry of Finance recently issued updated Administrative Principles TP 2024, replacing the 2023 version. These…
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International Taxation

Germany Tightens Tax Rules for Foreign Retirement Plans

An analysis by Flick Gocke Schaumburg, Taxand Germany Germany’s Annual Tax Act 2024 has revised the taxation of foreign retirement income under Sec. 22 no.…
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Individual Taxation

System change in home ownership taxation

On 20 December 2024, the Council of States and the National Council decided to abolish the imputed rental value. After more than seven years of…
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International Taxation

Travers Smith to become UK member of Taxand Global in January 2025

We are excited to announce that on 1st January 2025, Travers Smith will become a member of Taxand Global in the UK. A leading full-service law…
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Individual Taxation

Federal Council publishes its report on the Young Socialists’ initiative

On 13 December 2024, the Federal Council published its report on the Young Socialists’ initiative ‘For a social climate policy – fairly financed through taxation’.…
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Corporate Taxation

Bankruptcy due to enforcement of tax debts

The debt enforcement law is being amended so that, as of 1 January 2005, bankruptcy proceedings will also apply to taxes and levies of legal…
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