…income. General Taxation Regime What gift, estate or wealth taxes apply that are relevant to persons becoming established in your jurisdiction? Individuals becoming established in Germany may be liable to…
Private Client 2023 – Q&A on German law
Connection Factors To what extent is domicile or habitual residence relevant in determining liability to taxation in your jurisdiction? German law does not recognise the concept of domicile. In Germany,…
Private Banking & Wealth Management – German law at a glance
…Through_Private Banking and Wealth Management 2022_Chapter Germany This article was first published in: Law Business Research 2021, Lexology Getting The Deal Through, Private Banking & Wealth Management 2022, pp. 21-27,…
Private Clients 2021 – Q&A on German law
Which factors bring an individual within the scope of tax on income and capital gains? Tax liability in Germany is determined by the concept of residence. An individual is a…
Private Banking & Wealth Management 2021 – Recent developments in Germany
…wealth Management? Wealth management is subject to both licensing and ongoing supervision. This applies to both discretionary management and non-discretionary advice. Single-family offices, though, are typically exempt from a licence…
Private Banking & Wealth Management 2020 – Recent developments in Germany
…Regulatory bodies What are the main government, regulatory or self-regulatory bodies relevant for private banking and wealth management? The main government bodies relevant for private banking and wealth management are…