Overview Corona Emergency Aid (“Corona Soforthilfe”) could be applied for by companies and solo self-employed persons in the period from March 27, 2020 to May 31, 2020. Starting in mid-June…
The German Federal Government extends Überbrückungshilfe III (Bridging Assistance III) until end of September 2021. According to a press release issued by the Federal Ministry for Economic Affairs and Energy…
The German Federal Ministry of Finance (BMF) is extending the existing tax equity measures in their temporal scope due to the effects of the coronavirus. Selected contents of the BMF…
Background and recent improvements to Überbrückungshilfe III (corona subsidy) Who can apply for the subsidy? Companies, solo self-employed persons, and freelancers with annual sales of up to EUR 750 million…
Background The Act on Tax Subsidies for Research and Development (R&D) (Forschungszulagengesetz – FZulG) of December 14, 2019, introduced a new tax-based research and development subsidy in the form of…
Background The so called One-Stop-Shop procedure (OSS) recently adopted as part of the German Annual Tax Act 2020 will replace the current VAT Mini-One-Stop-Shop (MOSS) procedure as of July 1,…
Taking advantage of tax benefits: e-bikes Background Over the last few years, electric bicycles (e-bikes or ebikes) in particular have become increasingly popular alongside classic bicycles. At the beginning of…
Background A number of our international clients work in Germany for a Germany-based company but their families live in another EU country. Question is how this is being income taxed…
Not to miss: Application for waiver of property tax only possible until March 31, 2021 Due to current events, we would like to inform you that it is possible to…
From Jan 1, 2021: Depreciation on computer hardware and software over 1 year possible BACKGROUND Computer hardware and software are subject to increasingly rapid change due to rapid technological progress….