The European private equity market can hold its own even in difficult times. P+P partner Tarek Mardini spoke with Michael Collins, CEO of Invest Europe, about the success factors. . more…
Fund Management 2019 – Q&A concerning German jurisdiction
This article contains a summary of the pertinent aspects of regulatory law concerning fund management, fund managers and those marketing funds in Germany. more…
Corporate Governance 2019 – Law and practice in Germany
This article contains a summary of the pertinent aspects of company law and corporate governance practices in Germany. more…
Corporate Tax in Germany
The ‘Law & Practice’ sections provide easily accessible information on navigating the legal system when conducting business in the jurisdiction. Leading lawyers explain local law and practice at key transactional stages and for crucial aspects of doing business. Learn more about Corporate Tax Law in Germany. more…
Final Version of German Investment Tax Circular published
On 21 May 2019, the German Federal Ministry of Finance (BMF) published its long-awaited circular on the German Investment Tax Act (GITA) in the version effective from 1 January 2018.
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Federal Court of Finance Judgement on Carried Interest from business-type Private Equity Funds
The German Federal Court of Finance (Bundesfinanzhof – “BFH”) revealed its position on the tax treatment of carried interest from business-type fund structures. more…
The impact of Brexit on taxes for private clients and non-profit organisations
The Brexit is postponed, but not (yet) cancelled. So while the political dispute in London and Brussels continues, the German legislator has already passed laws for the various conceivable scenarios to take account of the tax problems that arise. An overview. . more…
The funding gap facing German PE
Worried that its venture capital market is lagging its European neighbours, the German government is doing all it can to provide more start-up support. more…
Trade Secrets Act – German legislator increases requirements for companies
With the entry into force of the German Trade Secrets Act, measures will become necessary for companies to appropriately protect their trade secrets in the future as well. more…
Advancing Legal Tech – The Disruption of an Industry
Legal Tech is changing the legal market in the long term. What is already possible today and what influence technology has on the legal profession was the subject of a panel at hub.berlin on 11 April 2019. more…
Anti-Dilution in Management Participations
Anti-dilution protection is an important topic of any management participation. more…
AFMP – German exit tax violates agreement between Switzerland and the EU
On February 26, the European Court of Justice (ECJ) ruled in the Wächtler case that the German exit tax in its current form violates the Agreement on the Free Movement of Persons (AFMP) between Switzerland and the EU and fully endorsed the Advocate General‘s pleading. more…
Investment funds – German law and practice 2019
P+P partners Andreas Rodin, Amos Veith, Jens Steinmueller and Sebastian Käpplinger contributed the Germany chapter for the recently published Chambers and Partners Investment Funds Guide which details all matters with regard to fund Formation, fund investment, fund finance as well as the regulatory and tax environment. . more…
Positive shift regarding withholding tax on online advertising
In February 2019, the tax authorities caused uncertainty with their view that a withholding tax of 15.825% should be retained by domestic clients of foreign providers on fees paid for online advertising. This view has now been rejected by the tax authorities at federal and state level. more…
Uniform European regime for Pre-Marketing and Reverse Solicitation
For the distribution of alternative investment funds, uniform European rules will soon apply in the area of so-called pre-marketing, i.e. for the distribution of information about a fund in advance of a distribution license. The rules will also affect the possibility of reverse solicitation. . more…