Insights
Why Good Governance Creates Tax Certainty
Germany's Federal Ministry of Finance has published a draft letter that is intended to update how permanent establishments are defined and assessed under German tax law.
Deals Are Still Getting Done, But Execution Has Become the Hardest Part
The European PE market is active. But anyone who has been involved in a transaction over the past 18 months knows that the environment for getting deals across the line has changed significantly.
The BHF Has Clarified How Employee Debt Instruments Are Taxed
A recent BFH ruling is closing a gap in German tax law that has remained unresolved for years, and anyone involved in structuring management participation programs in Germany should take note.
EU Inc. Will Not Simplify the Deal. It Will Change Where the Complexity Goes to
The EU Inc. proposal is generating serious discussion in M&A, venture capital, and private equity circles, and rightly so.
Your Name in the Commercial Register Does Not Define Your Liability
The German Federal Fiscal Court (BFH) has issued a ruling that every GmbH managing director and every company managing German entities should be aware of.
The Hidden Challenges of Opening a German Bank Account
Opening a bank account for a German entity may sound straightforward. In practice, it is one of the most frustrating parts of setting up in Germany.