Tax

Most of the publications here can be viewed immediately, but in some cases you will need to order a publication by placing a tick beside its title, and filling in and submitting the form at the bottom of the page.

Briefings in English - 2012

Recent tax developments in India highlight the need for focused legal advice when transacting in high-growth markets. Careful planning may be necessary to minimise exposure to tax risks and protect the profitability of such transactions. (May 2012)

Germany and the Netherlands have signed a new double tax treaty, which is expected to enter into force on 1 January 2014. The treaty inter alia changes treaty procisions for dividends, hybrid financings, capital gains from real estate companies and anti-abuse measures. Dutch-German and German-Dutch investments should be reviewed carefully in light of the changes that are summarised in this briefing. (May 2012)

How it will affect inbound-investments

How German outbound-investments might be affected

The double taxation treaty between Spain and Hong Kong came into force in April 2012. One of the main consequences of the Treaty is that Hong Kong ceases to be considered a tax haven by the Spanish legislation. We highlight the major aspects of this Treaty. (April 2012)

A monthly update on UK tax developments relevant to the City of London. This article was published in Tax Journal. (April 2012)

This article was printed in BNA's Transfer Pricing Forum (March 2010)

This article was printed in BNA's Transfer Pricing Forum (March 2012)

Jonathan Cooklin shares his views on emigrations and redomiciliations. This article was published in Tax Journal. (March 2012)

The US Treasury Department has released proposed regulations implementing the provisions of the Foreign Account Tax Compliance Act (FATCA) and announced an agreement with five European governments on a framework for information reporting. The proposed regulations should make FATCA more administrable, but some questions remain. (February 2012)

A monthly update on UK tax developments relevant to the City of London. This article was published in Tax Journal. (February 2012)

This article was published in BNA's Transfer Pricing International Journal. (January 2012)

HM Treasury (HMT) has been consulting on substantial UK tax law changes to be introduced in 2013 in two areas relevant to insurance groups. The first is the taxation of controlled foreign companies (CFCs). The existing CFC regime has been blamed for several UK-headquartered insurance groups leaving the UK. HMT hopes that changes to the system will reverse this trend and encourage groups to relocate their headquarters to the UK, as Aon has recently done. The second is the taxation of life assurance business. The current tax system relies on regulatory returns, which following the implementation of Solvency II will not provide the necessary information. The current life tax system must therefore be overhauled. In December 2011 and on 31 January 2012 further papers and draft legislation were published in respect of these two topics. Consultation is ongoing and therefore this newsletter summarises key points, rather than describing the detail of the draft legislation. (January 2012)

A monthly update on UK tax developments relevant to the City of London. This article was published in Tax Journal. (January 2012)

Briefings in German - 2012

Der Bundesfinanzhof (BFH) hat am 9. Februar 2012 (V R 40/10) erneut über den Vorsteuerabzug einer Holdinggesellschaft entschieden. Im Streitfall ging es um eine Holding, die an mehr als 50 Gesellschaften beteiligt war. Gegenüber zwei ihrer Tochtergesellschaften erbrachte sie entgeltliche Leistungen, so dass die Holding selbst als Unternehmerin im Sinne des Umsatzsteuerrechts anzusehen war. Eine umsatzsteuerliche Organschaft zwischen der Holding und ihren Tochtergesellschaften bestand nicht. Die Holding wollte nun aus verschiedenen Eingangsleistungen (unter anderem Rechts- und Steuerberatungsleistungen sowie Kosten im Zusammenhang mit Aufsichtsratssitzungen, Jahresabschlussarbeiten und der Durchführung der Hauptversammlung) einen vollständigen Vorsteuerabzug erreichen. (März 2012)

Der Bundesfinanzhof (BFH) hat in einem kürzlich veröffentlichten Urteil (V R 41/10 vom 10. November 2011) seine Rechtsprechung zur Umsatzbesteuerung der öffentlichen Hand fortentwickelt. Die Entscheidung betrifft die wirtschaftliche Tätigkeit sämtlicher juristischer Personen des öffentlichen Rechts, hat aber keine Auswirkung auf die privatrechtlich – zum Beispiel als AG oder GmbH – organisierten Rechtsträger der öffentlichen Hand. (März 2012)

Am 14. Februar 2012 haben die finanzpolitischen Sprecher der Koalitionsfraktionen von CDU/CSU und FDP einen sogenannten 12-Punkte-Plan zur Reformierung der Unternehmensbesteuerung in der bis Herbst 2013 laufenden Legislaturperiode vorgestellt1. Im Folgenden geben wir einen Überblick über die vorgeschlagenen Änderungen sowie die sich daraus ergebenden Konsequenzen. (März 2012)

Investmentsteuergesetz / German Investment Tax Act

Briefings in Hebrew - 2012

Recent tax developments in India highlight the need for focused legal advice when transacting in high-growth markets. Careful planning may be necessary to minimise exposure to tax risks and protect the profitability of such transactions. (May 2012)

Briefings in Italian - 2012

This article addresses the Italian income tax treatment of the conversion of saving shares into ordinary shares. It was published in the Italian tax review Strumenti Finanziari e Fiscalità. (March 2012)

I hereby agree that Freshfields Bruckhaus Deringer can collect, save and process the personal data provided for the purpose of informing me about the seminars indicated above, in accordance with the firm's general privacy policy.

I agree that the firm may may use the information for marketing activities, i.e. the sending of legal publications, notifications of other seminar programmes and for the promotion of Freshfields Bruckhaus Deringer's services by mail and email. We may from time to time share this personal data with service providers who shall use it for the same purposes on our behalf. I am aware that I can retract/revoke/withdraw my consent at any time.

Remove my name from all mailing lists