General - Patrick Rizzo tax advisor

General News

published on 2024-02-16

Benefits of a German company formation vs. German branch

What is the essential difference and what are the benefits from a tax treaty perspective?

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published on 2023-12-13

VAT changes in Czech Republic, Malta, Estonia, Austria from 2024

Come 2024, important changes of VAT regulations in the EU countries Czech Republic, Malta, Estonia, and Austria will take effect. We'll brief you in a nutshell.

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published on 2023-11-13

Taxes on gifts

What tax regulations apply to gifts made to business partners? A new ruling by the Federal Fiscal Court raises this question anew.

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published on 2023-05-17

Registration as Foreign Employer in Germany for remote workers

In the European Union, employees who work in a member state are subject to social insurance obligations there, regardless of the country in which the employer is based. In this article, we will explai...

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published on 2023-05-08

Contribution increase in long-term care insurance as of July 1, 2023

As of July 1, 2023, the statutory contribution rate for long-term care insurance will be increased from the current 3.05% to 3.4%. A new government draft provides for relief for parents with several c...

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Stock valuation methods in Germany

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published on 2023-04-20

Cost of Goods Sold (COGS) Methods in Germany

In this article, we explain how Cost of Goods Sold are considered as expenses in your annual closing statements according to German Local Generally Accepted Accounting Principles (German GAP).

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published on 2022-12-25

Inflation Relief Pay to combat increased consumer prices

Since Oct. 26, 2022, until Dec. 31, 2024, employers in Germany are allowed to grant employees up to 3,000 € inflation relief pay, a social security and withholding tax exempt compensation.

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published on 2022-09-07

3rd German Energy Relief Package

Policymakers and the Federal Tax Authority fend off energy prices and inflation

Plans include raising the tax free base, cutting the tax tarriff, introducing up to 3.000 EUR tax free employer paid bonuses, broadening the beneficiaries of the energy price relief pay, and increasin...

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published on 2022-08-07

No German tax return for a U.S. citizen with limited tax liability?

U.S. citizens with German income should monitor the forthcoming Supreme Court decision (2 BvR 148/21)

A U.S. citizen with German income living in the EU wasn't allowed to file a tax return to recoup his excess wage taxes withheld. Was this lawful?

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published on 2022-07-27

New European labor law directive

Liesegang & Partner mbB advises on the regulations applicable as of August 2022

In this guest article, our cooperation partner, Liesegang & Partner mbB, provides information on the need of employers to take action regarding a new European labor law directive that will become ef...

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published on 2022-07-27

Introducing the German Energy Relief Payout

Payout to employees as early as September 1, 2022

The Energy Relief Payout is a done deal. From September 1, 2022, employers are able to pay it out to employees. It's financed by the Treasury, and employers can offset it with other wage tax liabi...

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published on 2022-07-04

Property Tax Return filings open

Update: mandatory property tax return due by January 31, 2023

Effective July 1, owners of real estate throughout Germany are capable of submitting an electronic property tax return to the tax office via ELSTER. The return is due by January 31, 2023.

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