If you are planning to move to Germany, or you want to establish a subsidiary company or a branch of your Australian business in Germany, you may have a lot of questions – and certainly some about taxation. This fact sheet will help you get an overview of some important aspects of German taxation.
READ MOREStefan Raster
> Transparency Register
Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 (“Fourth Money-Laundering Directive” or simply the “Directive”) revised and extended the results which must be achieved by national laws to prevent money laundering and terrorism financing. One of these measures is the creation of central registers (also known as “transparency […]
READ MORE> German gift tax and inheritance tax in transfers between non-residents
Not many of those involved are aware of the fact that transfers of assets by gift or inheritance between non-German residents are taxable under the German Erbschaft- und Schenkungsteuergesetz (Inheritance and Gift Act, ErbStG). The parties involved are required to notify the German tax authority of the transfer of assets and to submit relevant tax returns if necessary. Failure to report a transfer or to file tax returns may entail severe sanctions, by Stefan Raster for Ars Legis (2018)
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