The aggregation of markets requires the understanding of foreign tax issues. However tax laws and directives are mostly published in national languages only. Most of the existing translations cover only single aspects as earning stripping rules or transfer pricing regulations. Furthermore the different translations do not follow the same language, so that different expressions for one and the same tax issue exist. The different translations and additional paraphrasings make it difficult to apply the national tax regulations in particular cases.
KPMG´s German International Taxation handbook faces the English translation directly to the German original version of tax laws and directives. The content is splitted in two main chapters. The first chapter includes selected national tax laws and corresponding decrees which are in an international context. The sources mentioned below reflect the most important regulations:
– German Tax Procedure Law (Abgabenordnung)
– Income Tax Law (Einkommensteuergesetz)
– Corporate Income Tax Law (Körperschaftsteuergesetz)
– Trade Tax Law (Gewerbesteuergesetz)
– Reorganization Tax Law (Umwandlungssteuergesetz)
– Foreign Transaction Tax Law (Außensteuergesetz)
– Profit Allocation Documentation Regulation (Gewinnaufzeichnungsverordnung)
– Transfer of Function Regulation (Funktionsverlagerungsverordnung)
– Corporate Income Tax Guidelines (Körperschaftsteuerrichtlinien)
– Permanent Establishment Regulations (Betriebsstätten-Verwaltungsgrundsätze)
– Administrative Regulations – Dotation Capital (Verwaltungsgrundsätze Dotationskapital)
– Transfer Pricing Documentation & Procedure Reglations (Verwaltungsgrundsätze Verfahren)
The second chapter provides the articles of the OECD Model Tax Convention on Income and on Capital in both languages. The current double tax treaties signed between Germany and other countries are listed. Other issues as the classification of LLCs and other foreign legal forms for German tax purposes or the tax treatment of participating loans and silent partnerships are explained (hybrid financings).
The present handbook published by C.H. Beck adresses to tax counsellors, financial auditors, public authorities and organisations. The focus is mainly on aspects that are relevant for inbound investments to Germany. However the practial benefit is not only for foreign investors, but also for local advisors who need to explain German regulations to their clients. The consistent and clear legal language will support the successful daily work.
German International Taxation
Statutes and Materials – bilingual –
Hardcover, 907 pages
1. Edition, published in January 2010 by Verlag C.H. Beck, Munich