Schneider-Neureither & Partner SE (SNP) is a German software company, mainly active in the field of data transformation solutions. The company often runs bigger development projects which take several months or even years to be finished. It is a classic investment example of where an order book could help a lot to forecast revenues because […]
The Bundeskartellamt – Germany’s Federal Cartel Office – has imposed fines totaling approx. 175 million euros on five aluminum forging companies and ten employees responsible for engaging in anticompetitive arrangements. The Bundeskartellamt announced on December 23, 2020 that senior staff members of the relevant companies had, over a period of years, been exchanging information on […]
Groups deemed to be at risk can redeem vouchers for FFP2 masks. Pharmacies that waive the two-euro personal contribution are violating competition law according to a ruling of the Landgericht (LG) Düsseldorf – the Regional Court of Düsseldorf. In order to protect those at particular risk against being infected with the coronavirus, the German parliament […]
Authors: Martin Matzner, LL.M. (University of Turin)“Incomplete, contradictory, incomprehensible”: In a recent decision, the Federal Patent Court (BPatG) took the German Patent and Trademark Office (DPMA) to task with rather unflattering wordings. The reason for this was the trademark application “Kloster Scheyern”, which the DPMA had initially rejected. This particularly drastic case shows that some […]
Foreward by Andrew Chilvers When the 5th Anti-Money Laundering Directive was introduced into law by the UK and EU in January 2020, for many professionals it was a much needed addition to legislation that would significantly help business transparency and combat money laundering. In essence, it was good for business and for public and professional […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Christian Schnell of RUF UND SCHLENKER. Christian has joined IR as our exclusive Tax (Private Client) member in Germany. RUF UND SCHLENKER is a highly regarded full-service law firm with 60 years of experience in different areas of expertise. 40 highly skilled consultants and staff […]
By Felix Ozimek, FRTG Group After working for a BIG4 – Auditing company, specialized in indirect taxes and technical transformations in the tax field, Felix joined FRTG Group for a year bring a new perspective and great spirit with it. Digital native, entrepreneur and truly passioned about tax law, Felix is responsible for knowledge transfer […]
The insurer behind a D&O policy is liable for payments made after the onset of insolvency. That was the verdict of the Bundesgerichtshof (BGH) – Germany’s Federal Supreme Court – in a judgment from November 18, 2020 (Az.: IV ZR 217/19). A managing director is personally liable for any payments they arrange after the company […]
Why the latest directive on UBOs is critical to combat corporate crime When the 5th Anti-Money Laundering Directive was introduced into law by the UK and EU in January 2020, […]
Read moreIn the event of a dispute between a taxpayer and the tax authorities regarding the allocation of the fair market value of land and buildings in real terms, the fiscal courts are required to obtain an expert opinion. Appraisals of the fair market value of buildings and land in real terms are often contentious. While […]
A company is not in breach of competition law if it reports illegality by a competitor on an online e-commerce platform and the allegations are true. That was the verdict of the Oberlandesgericht (OLG) Hamm – the Higher Regional Court of Hamm. Antitrust infringements are a persistent feature of the e-commerce landscape. Large online platforms […]
The year 2020 is history and was a year with many unexpected challenges for the vast majority of the population and businesses. However, the wheel of tax legislation and tax jurisprudence continues to turn, even though many of the legislator’s plans were significantly influenced by the Covid-19-pandemic and are likely to be significantly influenced by […]
