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The bill presented by the Federal Government for an immediate tax program to strengthen Germany as a business location has also been passed by the Bundesrat. The following now applies:
Bundesfinanzministerium legt Referentenentwurf für ein steuerliches Investitionssofortprogramm 2025 vor Die neue Bundesregierung will die steuerlichen Investitionsbedingungen zügig verbessern. Der nun vorgelegte Referentenentwurf (Anlage) soll wichti
On May 15, 2025, the Federal Ministry of Finance (BMF) published the "Fact sheet on cross-border audit cooperation with tax administrations of other countries and territories: joint and simultaneous audits and presence of officials".
Slovakia's new financial transaction tax also applies to foreign companies.
The US withholding tax is an essential part of the US tax system.
Italy currently offers companies interesting investment incentives for machinery and equipment. These are granted in an efficient form via tax credits, which can be offset against current tax and contribution payments.
The Federal Ministry of Finance has published an implementation guide for the new transaction matrix.
Starting too late can lead to delays in accounting and unexpected withholding tax deductions.
On April 3, 2025, the US government announced the introduction of a general 10% base tariff and 20% additional tariff on all imports, including those from Europe and Germany.
In economically difficult times, the VDMA supports its members with valuable information and personal advice. Together we will find the right course and strengthen the resilience of the companies.
Description
This article examines the principles of restructuring provisions under commercial and tax law as well as the requirements and special features of their formation in the tax balance sheet.
The most important regulations of the current legal situation on the subject of loss deduction in income tax, corporation tax and trade tax are summarized here.
Description
Germany continues to lose its attractiveness as a business location in international competition. This is also due to the high tax burden on small and medium-sized companies.
The VDMA has addressed extensive demands to politicians. What do the parties think? Our overview shows the extent to which the mechanical and plant engineering industry is taken into account in the programs for the federal election on February 23, 2025.
The VDMA is calling for reliable framework conditions for growth and competitiveness in Germany in 2025. Together we can master the challenges of the future. You can find the details in the economic policy positions for 2025.
The VDMA calls for lower tax burdens, including the abolition of the solidarity surcharge and a corporate tax rate of a maximum of 25 percent.
2025 is the year in which Germany must set the course for growth and competitiveness. It needs more courage to ensure freedom and rapid political reforms.
The Federal Ministry of Finance is adjusting the per diems and overnight allowances abroad in accordance with the Federal Travel Expenses Act as of January 1, 2025.
The Annual Tax Act 2024 is a constructive compromise. Now measures for industry must follow, such as improved declining balance depreciation.
On the occasion of the adopted regulations on digital tax assessments, Dr. Johannes Gernandt, Head of the VDMA's Tax Department, explains:
The draft for the Tax Reform Act has both light and shade. The fact is: Germany needs relief for the economy. Now.
The new research allowance is becoming increasingly popular in the mechanical engineering sector. The Federal Ministry of Finance has now issued an important statement regarding the application deadlines for previous years.
The Federal Ministry of Finance has published a discussion draft for a Minimum Tax Adjustment Act (MinStGAnpG). The main aim of the law is to make the application of the CbCR safe harbour more specific.
The submission deadlines in Italy for tax returns for the 2023 assessment period have changed several times this year, currently to October 31, 2024.
With the DAC7 Implementation Act, shortened deadlines for the submission of records in accordance with Section 90 (3) AO (transfer pricing documentation) were already introduced at the end of December 2022 by means of a new Section 90 (4) AO.
After a year of work, the commission of experts appointed by the Federal Ministry of Finance has presented its report on possible reform approaches in the area of income tax.
After a year of work, the commission of experts appointed by the Federal Ministry of Finance has presented its report on possible reform approaches in the area of corporate taxes.
In the BMF circular dated 12.12.2023 on the tax treatment of wages under double taxation agreements, the explanations/examples for determining residency have been expanded.
We are pleased to introduce our new event series "Automation in the Tax Department".
The Budget Financing Act 2024 (Federal Law Gazette 2023 I No. 412 of 29.12.2023) extended the application-based electricity tax relief for companies in the manufacturing sector with effect from 1.1.2024.
A complete success: The mechanical engineering sector is the frontrunner in the use of the state research allowance. The funding instrument strengthens Germany's competitiveness as a business location.
In its ruling of 23.11.2023 (case reference: VI R 15/21), the Federal Fiscal Court (BFH) provided important information on lump-sum taxation in accordance with Section 37b EStG in connection with VIP boxes and the scope of their benefits.
On February 13, 2023, new reporting obligations were introduced under the new Excise Duty System Directive for excise goods in free circulation that are delivered or received across EU borders.
At the end of January, the Research Allowance Certification Office updated the form for applying for the research allowance.
The mediation committee called by the Bundesrat will not meet again this year. Negotiations between the federal and state governments had previously failed in informal working groups
The BMF has published the new non-cash benefit values for meals in a BMF letter.
On the occasion of today's postponement of the cabinet decision on the Growth Opportunities Act, Dr. Ralph Wiechers, Member of the Executive Board and Head of the VDMA's Tax Department, explains:
The Federal Central Tax Office (BZSt) is currently informing the associations about upcoming changes in the tax withholding procedure according to § 50a EStG.
For some years now, the tax authorities have been trying to speed up external tax audits. Now the measures are available within the framework of a bill.