Tag: Germany

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German Government Targets Offshore Tax Avoidance

The German Government has adopted draft anti-avoidance legislation intended to make it more difficult for domestic taxpayers to avoid tax through the use of “mailbox companies in tax havens.” The

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Swiss Bank Reaches German Tax Settlement

Zurich Cantonal Bank, Switzerland’s largest cantonal bank, has reached an “amicable” agreement with the German authorities to settle a dispute relating to undeclared accounts held by German taxpayers. In a

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German Parliament Approves IHT Reforms

Germany’s upper house of Parliament, the Bundesrat, has approved a bill to tighten the eligibility criteria for inheritance tax exemptions for family-owned companies. The changes mean that inheritance tax exemptions

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Australia, Germany Sign New DTA

Australia and Germany have signed a new double tax agreement (DTA) that lowers withholding tax rates on cross-border income and introduces new anti-abuse and prevention of non-taxation rules. The new

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