On 25 March 2020, the German Bundestag adopted the comprehensive COVID 19 aid package. The P+P experts have summarized the essential aspects for you. more…
COVID-19 – Overview of legal consequences and government measures
With a large-scale package of measures, the German government is trying to mitigate the drastic consequences of the COVID-19 pandemic for economic life. Our experts have summarized what this means for M&A practice. more…
Tax and Succession – German Private Client Law 2020
Tax, trusts and foundations, succession – Learn more about the recent developments in German legislation concerning private clients. more…
Investment Funds 2020 – Law and Practice in Germany
The Pöllath-partners Dr Andreas Rodin, Amos Veith, Dr Jens Steinmüller and Dr Sebastian Käpplinger take a look at current developments in German legislation on investment funds and outline the most important aspects of taxation and regulatory. more…
Corporate Financing by Issuing Crypto Token – How to Tax in Germany
Digital securities are finding their way into corporate financing. The new publication of the Institute for Finance and Taxes (ifst) explains which tax regulations apply. more…
BVK figures 2019 – German equity capital market sets new record
No trend reversal in sight: In 2019, the German market for equity capital once again grew considerably and even broke the previous record levels. more…
Venture Capital Funds – Current trends at a glance
Supervisory and tax law continue to determine the framework conditions for the launch and management of venture capital funds in Germany. more…
Further tightening of Germany’s rules for foreign investment
The German Federal Ministry of Economics and Technology (BMWi) has recently presented plans to further tighten foreign investment review rules. . more…
Legal Due Diligence – Gathering information under strict conditions
Prior to any acquisition, the potential buyer will carry out a detailed due diligence. But data protection sets limits. more…
Managed Account in Private Equity – Experience from two perspectives
The structure of an investment as a Managed Account offers many advantages compared to an investment fund with several investors. more…
Management participations – Direct versus virtual
Current developments in the structuring of management participations are characterised by the high purchase prices in the seller’s market and the new case law of the fiscal courts. An overview. more…
Drastic tightening of Exit Tax planned
On 10 December 2019, the Federal Ministry of Finance published the draft bill of the ATAD Implementation Act. With retroactive effect from 1 January 2020, it provides for a drastic tightening of the so-called exit tax. more…
Reporting obligations for cross-border arrangements – Implications for PE and VC funds
With effect from 1 January 2020, the law introducing an obligation to report cross-border arrangements entered into force – with far-reaching consequences for PE and VC funds. more…
How Venture Debt works
The search for investors and lenders is important for companies of all sizes – and unfortunately not always easy. Classic financing instruments are often unsuitable, especially for start-ups. Venture Debt can close this financing gap. more…
The planned reform of the German CFC/PFIC rules and its impact on foreign investment funds according to InvStG
On December 10, 2019, the Federal Ministry of Finance sent the long-awaited draft of a law on the implementation of the Anti-Tax Avoidance Directive to the associations for comments. more…