Since 1 July 2020, certain cross-border tax arrangements must be reported to the tax authorities (DAC6 reporting obligations). After publishing the draft of a letter of interpretation in July 2020, Germany’s Federal Ministry of Finance (BMF) unveiled the final version on 29 March 2021. In the over 70-page document, the BMF provides its interpretation of the many undefined legal concepts in the statutory provisions on DAC6 and whitelists standard cases that would generally not lead to a reporting obligation. ...read more
International Tax Law
Globalization is no longer a matter just for big corporations. Small and medium-sized companies have been operating across borders for years now. But they have to deal with legal and tax requirements, both at home and abroad, that are often as unknown as they are complex, all the more so because tax authorities in virtually every country want to protect tax revenues and increase them whenever possible. So they’re giving much closer scrutiny to cross-border matters.
On the other hand, the differences in legal and tax systems also offer many opportunities to reduce or optimize tax impact.
We can help you thread your way through the jungle of international tax laws. We offer suggestions about tax structuring, and point out risks.
Take advantage of our expertise in organizing your investments abroad, and in choosing international sites. We can also help you optimize tax rates, restructure within your corporate group, and organize cross-border transactions.
When you relocate functions and post employees abroad, we help you avoid both unwanted taxation and double taxation.
In Nexia – a worldwide network of independent accounting, auditing and tax advice firms – we have a strong, capable partner that gives us access to the expertise of 620 partner companies in more than 90 countries.