Learn more about the tax framework for corporate investments in Germany.
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The Mystery of (Management) Permanent Establishment
In a new episode of our podcast format PE Talk, our tax law experts Dr Marco Ottenwälder and Dr Michael Tischendorf deal with the “mystery of permanent establishment” and the associated important questions from a tax perspective. . more…
Private Equity Transactions – Current Developments in the German Market
Quick guide with respect to German legal Private Equity insights, including inter alia types of private equity transactions, corporate governance, dissenting shareholder rights, key purchase and shareholders’ agreement provisions, participation of the target company’s management, tax and financing and exit strategies. more…
MUPET 2022 – Leading PE industry meeting starts soon
On 30 June, the time has come again: at the Munich Private Equity Training (MUPET), private equity professionals will discuss the current topics and trends in the industry. Find out more about the highlights of one of the leading events for the German private equity market. . more…
Overview Germany – Law & Practice Investment Funds 2022
The PE Magazin fund experts contributed the Germany chapter to this year’ Chambers Legal Practice Guide Investment Funds. The guide provides a global comparison of legal, tax and regulatory issues in the context of the establishment and operation of investment funds in each jurisdiction. more…
Corporate Governance in Germany – Current developments at a glance
„The Legal 500 Country Comparative Guide 2022 Corporate Governance“ provides an overview of the laws and regulations of corporate governance practice across a variety of jurisdictions. PE-Magazin-author Dr. Eva Nase contributed the Germany chapter including information about governing bodies, disclosure and communications, shareholders and other stakeholders. more…
Final Version of German Circular on Taxation of Crypto Assets Published
On 11 May 2022, the German Federal Ministry of Finance (BMF) published its longawaited circular on “the German income tax treatment of cryptocurrencies and other token”. These are the key facts for German investors. more…
Fund Formation 2022 – German law at a glance
Lexology Getting The Deal Through 2022 is the 18th edition of a quick “Private Equity” guide in which leading practitioners answer the same key questions for their respective jurisdictions. The PE-Magazin authors Tarek Mardini, Dr Matondo Cobe and Mareike Szynka contributed the chapter on fund formation issues in Germany. more…
Taxation of Trusts in Germany – New Guidelines for Transparency and the Gift Taxation of Distributions
The German Federal Fiscal Court has recently ruled on inheritance and gift tax issues with regard to foreign trusts. Taxpayers now benefit from more certainty in residence and succession planning. more…
Return of capital – Circular by the German Federal Ministry of Finance sets out requirements for tax neutrality
On 21 April 2022, the German Federal Ministry of Finance (BMF) published its long-awaited circular on the return of capital by third-country corporations and the possible tax neutrality of these contributions. What this means for practice is summarised by our tax law experts. more…
Outlook 2022 – Opportunities and trends in the transaction market
The Ukraine war casts a shadow over the M&A business in 2022. This particularly affects target companies from Ukraine or Russia, but also has an impact on the European and international M&A market beyond. In addition, there are challenges in the face of Corona, inflation and state protectionism. more…
Insurance companies – Regulation inhibits alternative investments
In a recent study, the German Association of Alternative Investments investigates the role that alternative investments play for insurance companies in Germany. The study shows that regulatory requirements in particular are holding insurers back. more…
German private equity market remains on a high level
According to current figures from the German Private Equity and Venture Capital Association (BVK), the German market in 2021 can successfully build on the previous year. Despite a challenging market environment, investments of over 12.6 billion euros were made, and the venture capital segment even set a new record with just under 4 billion euros. more…
ESG – Influence on fundraising increases
ESG should continue to gain importance in fundraisings in 2022. This is likely to be mainly due to the growing social importance and the transparency requirements of the Sustainable Finance Disclosure Regulation (SFDR), which have been in force since last year, and not least the new requirements of the Taxonomy Regulation, which came into force at the beginning of this year. . more…
VAT Exemption for Venture Capital Funds
The so-called Act to Strengthen Germany as a Fund Jurisdiction already introduced a VAT exemption for the management of venture capital funds as of 1 July 2021. However, it was unclear until now which funds actually fall under this regulation. A draft by the Federal Ministry of Finance supplementing the VAT Application Decree now provides definitions for practitioners. more…