All posts tagged: tax

Fourth Corona Tax Relief Act: important changes

Background On May 19, 2022, the German Bundestag passed the Fourth Act on the Implementation of Tax Relief Measures to Address the Corona Crisis (“Fourth Corona Tax Relief Act” or “Fourth Corona StHG”) to minimize the economic impact of the ongoing Corona-related restrictions and to provide additional investment incentives. Importantly, Federal Council approval is required (scheduled for June 10, 2022) […]

Taking advantage of tax benefits: e-bikes

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 2015, there were still electric bikes in 1.5 million households. At the beginning of 2020, 4.3 million households in Germany already owned at least one electric bike. This means that […]

Electronic transmission of certain tax registration questionnaires mandatory from January 1, 2021

From January 1, 2021, certain questionnaires for tax registration must be submitted electronically Taxpayers must provide the relevant tax office with further information on the legal and factual circumstances relevant to taxation within one month of opening an agricultural, forestry or commercial business or commencing a freelance activity. Regulation until December 31, 2020 Previously, when notifying the opening of a […]

DAC6 deadlines confirmed: options to submit reports

DAC6 deadlines confirmed: options to submit reports Background In our blog article dated July 8, 2020, we discussed that the deadlines for DAC6 reporting would not be extended. This means that effective from July 1, 2020, taxpayers in the EU are required to report on cross-border tax planning activities within 30 days from the day they started. Transactions and arrangements between June [...]

Mandatory reporting on cross-border tax planning

Mandatory reporting on cross-border tax planning Background An EU-directive on mandatory disclosure rules (Council Directive on administrative cooperation in the field of taxation, so called “DAC6”) aimed at increasing transparency to detect potentially aggressive cross-border tax planning became effective in June 2018. DAC6 applies to cross-border tax arrangements, which meet one or more specified characteristics (hallmarks), and which concern either […]

Home office during corona: Tax aspects

Home office during corona: Tax aspects Employees are currently being sent to the home office due to precautions in the context of the corona situation. It is questionable whether and to what extent expenditure during home office can be claimed against tax. Principle If the home office forms the center of all operational and professional activity, the full amount of […]

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