PREVENTION OF A DOUBLE DEDUCTION OF OPERATIONAL EXPENSES (§ 4i EStG (German Income Tax Act) – NEW)
The prevention of the use of international tax arrangements, where in particular divergent tax system are being “played off” against each other (OECD’s BEPS project/G-20), is in the centre of attention of the current and future tax legislation: A shareholder’s personal expenses can no longer be deducted as special business expenses, as long as these […]