News - RSM Ebner Stolz

Provisional list of states for the automatic exchange of information on financial accounts for tax purposes

On 30 September 2023 , information on financial accounts in tax matters will be automatically exchanged between the Federal Central Tax Office and the competent authorities of the participating states. For this purpose, the Federal Ministry of Finance has published an updated preliminary list of states. ...read more

ECOFIN Council: Russia on EU blacklist

On February, 14 2023, the EU's Economic and Financial Affairs Council (ECOFIN), represented by EU finance ministers, decided to add Russia - among others - to the EU list of non-cooperative jurisdictions. ...read more

Employers are now obliged to record time!

According to a recent ruling by the Federal Labor Court on 13 September 2022 (Ref. 1 ABR 22/21), all employers are obliged to introduce a system to record all working hours worked by employees. The reasons for the ruling are now also available. This explicitly states that the comprehensive time recording obligation applies with immediate effect. ...read more

Ebner Stolz advises BBB Industries LLC on its acquisition of MAPCO Autotechnik GmbH

Auditing and consulting firm Ebner Stolz provided comprehensive financial, legal and tax due diligence support to Metalcaucho in the course of its acquisition of MAPCO. ...read more

German “Check-the-Box-Option” for Partnerships

The German Federal Ministry of Finance explains in detail how the new corporate income tax option under Section 1a Corporate Income Tax Act is to be applied from the perspective of the tax authorities. ...read more

Limited Deduction of Operating Expenses in the Case of Hybrid Structures

As part of the implementation of the EU requirements of the "Anti Tax Avoidance Directive" by the so-called ATAD Implementation Act, a provision was introduced to limit the deduction of operating expenses in the case of hybrid structures (Section 4k German Income Tax Act). ...read more

Investment funds on the scrapheap?

On June 9, 2016 the law to reform the taxation of funds in Germany passed the German Upper House. The bill is intended to eliminate the EU law risks of current fund taxation law in Germany, prohibit aggressive tax structures and reduce the expense of determining the tax basis for mutual funds and the audit expense incurred by the tax authorities. In case the law also passes the German Lower House the new rules are to be taken into consideration generally starting from January 1, 2018 onwards. ...read more

Changes in tax law at year-end

The closer we get to year-end, the more effort companies put into calculating their tax burden for the last fiscal year and optimizing their future tax situation. Changes in the law that normally enter into force at the end of the year are pivotal in these calculations. ...read more

Accounting Directive Implementation Act makes moderate changes to German accounting law

The most recent comprehensive overhaul of German accounting law occurred in 2009, with the Accounting Law Reform Act (BilMoG). The new Accounting Directive Implementation Act (BilRUG) is the first revision of accounting principles since that time to go beyond making a few changes here and there. ...read more

Pro­vi­sio­nal list of sta­tes for the au­to­ma­tic ex­change of in­for­ma­tion on fi­nan­cial ac­counts for tax pur­po­ses

ECOFIN Coun­cil: Rus­sia on EU black­list

Em­ploy­ers are now ob­li­ged to re­cord time!

Eb­ner Stolz ad­vi­ses BBB In­dus­tries LLC on its ac­qui­si­tion of MAPCO Au­to­tech­nik GmbH

Ger­man “Check-the-Box-Op­tion” for Part­nerships

Li­mited De­duc­tion of Ope­ra­ting Ex­pen­ses in the Case of Hy­brid Struc­tures

In­vest­ment funds on the scra­pheap?

Chan­ges in tax law at year-end

Ac­coun­ting Di­rec­tive Im­ple­men­ta­tion Act ma­kes mo­de­rate chan­ges to Ger­man ac­coun­ting law