Money laundering check for new clients
What does the Benefitax money laundering check mean? If you want to become a client of Benefitax and the first questions regarding the potential scope of service have been answered to the satisfaction of all parties involved, we must comply with the legal requirements imposed on us by the German legislator and the EU. On […]
The crypto trap
In recent years, many crypto investors have made considerable profits. However, not all tax-relevant transactions were declared in the income tax returns. However, those who relied on pseudonymous trading could be surprised by a letter from the tax office: “We know that you have traded in cryptocurrencies, please submit the relevant documents.” The authorities use […]
Tax Information July 2025
Content Tax plans of the new German coalition/Government Changes in the Foreign Trade and Payments Ordinance (AWV) Stricter requirements for earn-out clauses in Germany Tax implications for influencers Online verification of EU VAT Numbers only, starting July 2025 Tax plans of the new German coalition/Government After the elections held in February 2025 a new […]
Changes and Facilitations in the Foreign Trade and Payments Ordinance (AWV) 2025
Find out about the changes/facilitations in the Foreign Trade and Payments Ordinance (AWV) that came into force on January 1, 2025: The Foreign Trade and Payments Ordinance (AWV) contains various reporting obligations in cross-border capital and payment transactions to the German Bundesbank. These serve to statistically record relevant transactions as well as receivables and assets […]
Tax Information March 2025
Content of tax information March 2025 Pay attention when including earn-out clauses in Company purchase agreement Double holding structure before the sale of shares When are shareholder managing directors of German limited liability companies exempt from German social security contributions? Be careful with Triangular transactions as far as VAT is concerned Withholding Tax on […]
Tax Information December 2024
Content of tax information December 2024 Introduction of the Business Identification Number (W-IdNr.) starting November 2024 Important Changes in VAT for Small Businesses starting in 2025 – Take Action Now! The employee’s home office as a permanent establishment Retroactive Changes in transfer pricing rules for 2024 Other Changes in transfer pricing rules Back to […]
Tax Information September 2024
Content of tax information September 2024 Introduction of the E-Invoice in 2025: What companies need to know now Hurry up: Savings for employees and employers through the inflation adjustment premium run out at the end of 2024 Apply for an exemption certificate as a precautionary measure: Why you should act now? How much profit […]
Permanent establishment for income tax purposes
In German income tax law, the term permanent establishment is defined in Section 12 AO. “According to this, a permanent establishment is any fixed place of business or plant that serves the activities of a company.” As the definition is vague, the legislator has named a number of examples in the law that are to […]
German Chartered Accountants vs. pure German Certified Tax Adivisors
Auditors have a lot of experience and many years of training. It is often the better and longer training and the additional examination passed with in-depth legal and business knowledge and the therefore usually better quality of the work that prompts clients to appoint an auditor instead of a tax consultant. In addition, the greater […]
Transfer pricing methods
In Germany, the following transfer pricing methods are recognized by the tax authorities: Price comparison method Resale price method Cost-plus method Profit split method Transaction-based net margin method (TNMM) This might also interest you: Definition of the transfer price Transfer pricing documentation Are you looking for a tax consultant on this topic? Find out what […]