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<title>Deloitte Tax-News: German Tax and Legal News</title>
<link>http://www.deloitte-tax-news.de/</link>
<description>The English language German Tax &amp; Legal News delivers News for Inbound Investors into Germany. Each issue of the German Tax &amp; Legal News gives an overview on important tax and legal developments, new legislation, administrative guidance and recent court decisions. </description>
<language>en</language>

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<title><![CDATA[ Draft guidance issued on reorganizations under Reorganization Tax Act ]]></title>
<link>http://www.deloitte-tax-news.de/german-tax-legal-news/draft-guidance-issued-on-reorganizations-under-reorganization-tax-act.html</link>
<description><![CDATA[ More than five years after the reform of the Reorganization Tax Act, the tax authorities have issued comprehensive draft guidance on legal reorganizations. ]]></description>
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<title><![CDATA[ Change-in-ownership rule unconstitutional? ]]></title>
<link>http://www.deloitte-tax-news.de/german-tax-legal-news/change-in-ownership-rule-unconstitutional.html</link>
<description><![CDATA[ The local tax court of Hamburg submitted the question of whether the change-in-ownership rule constitutes an infringement of the German constitution to the Federal Constitutional Court. ]]></description>
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<item>
<title><![CDATA[ BFH rules on discounting of shareholder loans ]]></title>
<link>http://www.deloitte-tax-news.de/german-tax-legal-news/bfh-rules-on-discounting-of-shareholder-loans.html</link>
<description><![CDATA[ The BFH has confirmed its view that loans granted without a certain repayment date must be discounted for tax purposes as if they had been granted for an indefinite period of time. ]]></description>
</item>
<item>
<title><![CDATA[ Local tax court rules on inapplicability of participation exemption on share sales by finance companies ]]></title>
<link>http://www.deloitte-tax-news.de/german-tax-legal-news/local-tax-court-rules-on-inapplicability-of-participation-exemption-on-share-sales-by-finance-companies.html</link>
<description><![CDATA[ The Lower Tax Court of Hamburg has elaborated on the conditions under which the 95 % tax exemption for dividends and capital gains arising from the sale of shares are denied to corporate investors. ]]></description>
</item>
<item>
<title><![CDATA[ Lower tax court of Munich rules on deduction of business expenses for reinstating liability under return to good fortune clause ]]></title>
<link>http://www.deloitte-tax-news.de/german-tax-legal-news/lower-tax-court-of-munich-rules-on-deduction-of-business-expenses-for-reinstating-liability-under-return-to-good-fortune-clause.html</link>
<description><![CDATA[ The lower tax court of Munich has denied a deduction for business expenses generated by the reinstatement of liability under a return to good fortune clause in a case in which the shares in the debtor company are transferred together with the latent loan receivable. ]]></description>
</item>
<item>
<title><![CDATA[ BFH confirms admissibility of charging fee for binding rulings ]]></title>
<link>http://www.deloitte-tax-news.de/german-tax-legal-news/bfh-confirms-admissibility-of-charging-fee-for-binding-rulings.html</link>
<description><![CDATA[ The BFH has expressed its opinion that the obligation to pay a fee for a tax ruling does not violate constitutional law. ]]></description>
</item>
<item>
<title><![CDATA[ Germany not convinced of benefits of CCCTB Draft Directive ]]></title>
<link>http://www.deloitte-tax-news.de/german-tax-legal-news/germany-not-convinced-of-benefits-of-ccctb-draft-directive.html</link>
<description><![CDATA[ German tax officials have suggested that Germany may not be willing to introduce an optional common consolidated corporate tax base because of a feared loss of tax revenue; instead, Germany may prefer a mandatory common corporate tax base. ]]></description>
</item>
<item>
<title><![CDATA[ ECJ Advocate General considers Trade Tax rules on add-back of interest payments compatible with Interest and Royalties Directive ]]></title>
<link>http://www.deloitte-tax-news.de/german-tax-legal-news/ecj-advocate-general-considers-trade-tax-rules-on-add-back-of-interest-payments-compatible-with-interest-and-royalties-directive.html</link>
<description><![CDATA[ ECJ Advocate General Sharpston has recommended that the ECJ rule that the 50 % add-back of interest payments on long-term loans is in line with the EU Interest and Royalties Directive. If the ECJ does not follow the Advocate General?s opinion, the impact on interest deduction limitation rules throughout Europe could be far-reaching. ]]></description>
</item>
<item>
<title><![CDATA[ Lower Tax Court of Berlin-Brandenburg rules on applicability of extended trade tax deduction for group companies ]]></title>
<link>http://www.deloitte-tax-news.de/german-tax-legal-news/lower-tax-court-of-berlin-brandenburg-rules-on-applicability-of-extended-trade-tax-deduction-for-group-companies.html</link>
<description><![CDATA[ Real property letting between affiliated companies in the same tax group could lead to a disallowance of the extended trade tax deduction. ]]></description>
</item>
<item>
<title><![CDATA[ Federal Ministry of Finance issues decree on rental income derived from German real property ]]></title>
<link>http://www.deloitte-tax-news.de/german-tax-legal-news/federal-ministry-of-finance-issues-decree-on-rental-income-derived-from-german-real-property.html</link>
<description><![CDATA[ The tax authorities have issued guidance on the tax treatment of income derived by foreign investors holding real property in Germany. ]]></description>
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