Germany: Treatment of profit-transfer agreement in event of insolvency
Germany: Treatment of profit-transfer agreement
The KPMG member firm in Germany has prepared a report that discusses the following tax-related developments:
- The Lower Tax Court of Nuremberg issued a judgment in a case concerning the termination and non-performance of a profit-transfer agreement in the event of insolvency.
- The Lower Tax Court of Hesse issued a judgment in a case concerning financial integration in the event of merger during the year.
- The Finance Ministry issued guidance on the tax exemption of gains on foreign currency hedges.
- A decree concerns application of the group exemption provision for real estate transfer tax purposes.
Read a November 2020 report [PDF 343 KB] prepared by the KPMG member firm in Germany
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