We have grown

We are very pleased that our team has grown and that we were able to welcome two new employees on 1st. August 2020, whom we warmly welcome. On the one hand, we are looking forward to working with Ms. Veltin. After completing her bachelor’s degree in business administration in the USA, she studied at the […]

130 billion economic stimulus package adopted to combat the corona-induced recession.

The following financial aids were adopted on 3 June 2020: From 1 July to 31 December 2020, the VAT rate will be reduced from 19% to 16% and the reduced rate from 7% to 5%. Within the framework of a “Social Guarantee 2021”, social security contributions are to be stabilised at a maximum of 40%. […]

Implementation of the DAC 6 EU directive in Germany as an early warning system to identify tax avoidance

Following the EU directive DAC 6, rules to report cross-border arrangements have been implemented in German law in Section 138d ff. of the German general tax code that will come into effect as of 1 July 2020. Since non-compliance can be sanctioned with multiple fines of up to 25,000 Euros, it is advisable to know […]