Germany

Tax-News.com: OECD Provides Update To G20 On BEPS Work

In a new report for G20 ministers, the OECD has provided an update on its work to tackle tax base erosion and profit shifting relating to multinational businesses.

Tax-News.com: Germany Urged To Ensure Data Sharing On Call-Off Stock Arrangements

Germany's IT systems are not ready for the VAT "quick fix" simplifications that entered into force on January 1, 2020, according to the European Commission.

Tax-News.com: Austria Rejects German Financial Transactions Tax Plan

Austrian Chancellor Sebastian Kurz has said that Austria does not agree with new German proposals for a European financial transactions tax.

Tax-News.com: Many EU States Tardy In Adopting Anti-Tax Avoidance Directives

On January 24, 2020, the European Commission issued formal notices to numerous European Union member states with regards to lapses in the implementation of various EU anti-tax avoidance directives.

Tax-News.com: German Businesses Call For 25pc Corporate Tax Rate

The Federal Association of German Industry, the BDI, has urged the German government to forge ahead with corporate tax reforms, warning that Germany's corporate tax regime is becoming increasingly out of step with the country's competitors.

Tax-News.com: EU Financial Transactions Tax Agreement Close, Says Scholz

German Finance Minister Olaf Scholz has said he is confident that an agreement can be reached on a European Union financial transactions tax.

Tax-News.com: Switzerland Simplifies Process For German WHT Refunds

The Swiss Government has said that from January 31, individuals and legal entitles domiciled in Germany will be able to use an online Swiss application to request a refund of Swiss withholding tax.

Tax-News.com: German FinMin Outlines 2020 Tax Changes

The German Ministry of Finance has outlined a number of tax changes that are due to take effect in 2020 and 2021.

Tax-News.com: German Lawmakers Agree Climate Package

On December 18, 2019, the mediation committee of the lower and upper houses of the German parliament (Bundestag and Bundesrat) announced an agreement on the Government's climate legislation, which includes several tax measures.

Tax-News.com: Singapore, Germany Add BEPS Amendments To DTA

Singapore and Germany have signed a protocol to their double taxation agreement, which brings the treaty into line with international standards and amends the maximum withholding tax rates that may be charged.

Tax-News.com: German Lawmakers Reject VAT Cut On Rail Fares

The upper house of the German parliament, the Bundesrat, has rejected certain tax elements of the Government's climate protection plan, including a reduction in value-added tax on long-distance rail travel.

Tax-News.com: Germany To Launch Special Anti-Tax Fraud Unit

On November 18, 2019, the German Ministry of Finance published a question and answer section on its website to clarify the role of a new special unit within the tax authority designed to detect cases of tax fraud more quickly.

Tax-News.com: Nine EU Finance Ministers Call For Green Tax On Aviation

Nine EU member states have called on the European Commission to draw up proposals for an EU-wide aviation tax.

Tax-News.com: Ireland Had EU's Lowest Tax-To-GDP Burden In 2018: Eurostat

The overall tax burden in the European Union relative to GDP rose slightly in 2018, to 40.3 percent, the Eurostat has announced.

Tax-News.com: Switzerland Sends 2019 Taxpayer Data Under CRS

Switzerland's Federal Tax Administration has announced the exchange of information on millions of financial accounts with 75 partner countries.

Tax-News.com: German Government Approves Climate Plan

On October 1, 2019, the German Federal Cabinet approved financing of EUR54bn (USD59bn) for the Climate Protection Program 2030, which includes the introduction of carbon pricing, as well as other tax measures intended to encourage the use of cleaner forms of transport.

Tax-News.com: Germany Proposes Climate Change Tax Plan

On September 16, 2019, the German conservative parties, the Christian Democrats and the Christian Social Union, published a report calling for reform of environmental taxes and levies to help Germany achieve its emissions reductions targets.

Tax-News.com: German Government Submits 2020 Budget

On September 10, 2019, German Finance Minister Olaf Scholz presented to the lower house of parliament, the Bundestag, the Government's draft Budget for 2020, which includes tax reduction measures.

Tax-News.com: Germany To Cut Corporate Tax For SMEs

On August 29, 2019, German Economy Minister Peter Altmaier announced the outlines of a plan to reduce the tax and regulatory burden on small and medium-sized companies in Germany.

Tax-News.com: Germany Approves VAT Cut For E-Books

The German Cabinet has approved a proposal to reduce the rate of value-added tax on electronic publications. The rate is expected to drop from January 1, 2020.

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