E-invoicing is coming soon. Take action now!
While all companies have been required to receive e-invoices since January 1, 2025, the requirement to be able to receive and process e-invoices is also approaching. This applies as of January 1, 2027, to all companies with prior-year revenue of > 800,000 euros, and to all others as of January 1, 2028. The only remaining […]
Double recognition as one of Germany’s best tax advisors!
A recent study by the research firm SWI Finance, commissioned by the Handelsblatt, has identified Germany’s top tax advisors and certified public accountants for the year 2026. The study was based on a comprehensive survey to which approximately 30,000 firms were invited. Ultimately, data from over 4,000 tax consulting firms and more than 800 auditing […]
Transfer Pricing: The new transaction matrix
In an attempt to simplify the transfer pricing rules for multinational companies the German tax authorities have decided that a local file must only be presented on special request by the tax authorities if the intragroup deliveries of the German entities with foreign related entities exceed 6 million Euros or the intragroup services exceed 600,000 Euros. The […]
Tax Aspects of Doing Business in Germany 2026
We have updated our 4-page brochure for foreign investors in order to give them an initial introduction to the tax and accounting environment in Germany. It contains all important aspects of German business and tax aspects like: Forms of Doing Business in Germany (Representative office, Registration for VAT purposes only, Registration as employer only, Permanent […]
The question of how long initial losses of a subsidiary are tolerated
The question of how long initial losses of a German subsidiary are tolerated is repeatedly a hot topic discussed in tax audits. While under the OECD transfer pricing guidelines (TPG) initial losses are recognized for tax purposes as long as they are economically plausible and in line with arm’s length principles, the German tax authorities […]
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 […]