Search
deen

Tax Advice

RSM Ebner Stolz Transitional CbCR Safe Harbour Quick Check

From 2024, large cor­po­ra­ti­ons will have to as­sess for the first time the ex­tent to which an ad­di­tio­nal tax is payable due to the re­qui­re­ments of the glo­bal mi­ni­mum tax in case they are not sub­ject to ta­xa­tion at an ef­fec­tive mi­ni­mum tax rate of 15 %. The dis­cus­sion draft on the Ger­man im­ple­men­ta­tion law of the Mi­ni­mum Tax Di­rec­tive pro­vi­des for tem­porary re­lief using CbCR data. The RSM Eb­ner Stolz Tran­si­tio­nal CbCR Safe Har­bour Quick Check of­fers an in­itial as­sess­ment.

In con­crete terms, this tool-ba­sed ap­proach can be used to check, on the ba­sis of exis­ting CbCR data, en­ri­ched with cer­tain ad­di­tio­nal in­for­ma­tion, which tax ju­ris­dic­tions fall un­der the Safe Har­bour ru­les and the­re­fore no tax in­crease amount could be ap­plied for group com­pa­nies re­si­dent there in the first years of ap­pli­ca­tion.

© unsplash

Fur­ther in­for­ma­tion re­gar­ding the RSM Eb­ner Stolz Tran­si­tio­nal CbCR Safe Har­bour Quick Check can be found here.

Note: What is the cur­rent pro­ce­du­ral sta­tus of the im­ple­men­ta­tion of the glo­bal mi­ni­mum tax in Ger­many? We have com­pi­led this for you here.

25.01.2024 back to top

Related Topics

Glo­bal Mi­ni­mum Tax: A chal­lenge for large groups

From fi­nan­cial year 2024 on­wards, large groups must ex­amine the ex­tent to which an ad­di­tio­nal tax (so-cal­led top-up tax) is payable due to the re­qui­re­ments of the glo­bal mi­ni­mum tax. Even if all group en­ti­ties are ba­sed in coun­tries with a no­mi­nal cor­po­rate tax rate well above the mi­ni­mum tax rate of 15 %, the glo­bal mi­ni­mum tax may ne­vert­he­less lead to an ad­di­tio­nal tax or at least ad­mi­nis­tra­tive bur­den. Howe­ver, tem­porary safe har­bour ru­les may re­duce the ad­mi­nis­tra­tive bur­den in many ca­ses.  ...read more

Bun­des­tag ad­opts Mi­ni­mum Tax Di­rec­tive Im­ple­men­ta­tion Act

On 10 No­vem­ber 2023, the Ger­man na­tio­nal par­lia­ment pas­sed the Act on the Im­ple­men­ta­tion of Coun­cil Di­rec­tive (EU) 2022/2523 to en­sure glo­bal mi­ni­mum ta­xa­tion and other ac­com­pany­ing mea­su­res (also known as the Mi­ni­mum Tax Di­rec­tive Im­ple­men­ta­tion Act) in the ver­sion re­com­men­ded by its Fi­nance Com­mit­tee on 8 No­vem­ber 2023.  ...read more