BACKGROUND The United Kingdom (UK) left the European Union (EU) on February 1, 2020, with a transitional phase during which EU law will continue to apply in and vis-à-vis the…
Dear customer, dear business friend As you can read in the press, public life in Germany will be severely cut back in November. The goal is to stop the uncontrolled…
Background Since the beginning of the Corona crisis, we have recently seen a recovery of the market for company acquisitions and sales (M&A), especially in the segment of medium-sized M&A…
On-demand work: risk of phantom wages In many companies there is great uncertainty when employees are deployed on call (on-demand work). This often affects mini-jobbers or flexibly employed part-time employees…
Reduced German VAT: updated draft letter by Federal Ministry of Finance In our blog article dated June 16, 2020, we discussed the first draft of a letter issued by the…
Temporary reduction of German VAT: initial guidance by the Ministry of Finance on its practical implementation Companies face major tax and administrative challenges from the temporary reduction in German VAT….
Temporary reduction of German VAT: how to deal with continuous services The German Federal Government agreed on June 3, 2020, to stimulate the German economy by reducing VAT rates from 19%…
Temporary reduction of German VAT in 2020 and its implications on businesses: time to act quickly The German Federal Government agreed on June 3, 2020, to stimulate the German economy…