If an employee living in Germany gains wages for an occupation abroad, the salary is often tax-free based on an agreement between the country of residence and the country of employment to avoid double taxation. However, to calculate the income-tax rate for the income taxable in Germany the tax-free salary is added (so called progression […]
If your business is between $5 Million and $250 Million, you are part of the Middle Market. The fact is that if you have a small to medium size business, you make up more than 80% of the world economy. If you look closely at the MedTech industry, the numbers are quite impressive: The top […]
Regarding the current trends in the German tax market, Hohl goes on to explain the developments that have occurred in recent years. “The tax consultancy market is in a consolidation phase because as a result of legal requirements and quality standards the smaller tax consulting firms are no longer able to generate sufficient profits and […]
Compensation that is granted as replacement for missed income (either past or future) is part of the revenue liable to income tax. Under specific circumstances compensations being an exceptional form of income are subject to a special (reduced) tax rate (the so called “Fünftelregelung” / fifth rule, § 34 para. 1 EStG) Granting of a […]
Home office room: For multiple use of the maximum amount as well as deduction in case of usage for various incomes If a person has no other office apart from a home office, in order to fulfil their job and occupational duties, they can claim tax benefits for the expenses of up to 1250 Euro’s […]
To foreign employees who stay longer in Germany the subsequent immigration of the family members could be of interest. The subsequent immigration of husbands/wives and children outside the EU is also regulated in the Residence Law. The precondition for the subsequent immigra- tion of family members to a foreign national is that the foreigner has […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Owen Sheehy of McInerney Saunders. Owen has joined IR as our exclusive Business Advisory Services and Tax (Private Client) Member in Ireland. McInerney Saunders is a firm of Chartered Accountants based in Swords, Co Dublin, Ireland. The firm commenced offering audit, […]
Joshua Boynton Joins VERTESS M+A Advisory Firm Tucson, Arizona, September 19, 2017 – Healthcare M+A advisory firm VERTESS continues its strategic growth with the addition of Joshua Boynton, a national healthcare entrepreneur and innovator, as a Managing Director. Joshua founded LifeShare, a pioneer in the intellectual/developmental disabilities (I/DD) marketplace, in 1996 and built it into […]
Major benefits of incorporating inside a free trade zone, as opposed to on the UAE’s mainland. However, in brief the companies are entitled to 50 years of zero corporate tax while still being entitled to repatriate the entirety of their profits to a destination of their choice. They also needn’t take a local partner, who […]
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Over the years, you have built a strong network. You know your industry, your customers, your suppliers. For some of them, it’s more than just a network. You have created relationships! These relationships have been key connections in building your successful company. They are an integral part of your business circle. Yet, when it comes […]
Money is money, right? While that’s undoubtedly true, investment money always comes with strings attached. Private equity groups, venture capital, and personal investors are all looking to achieve certain growth and revenue targets. For example, venture capital notoriously likes the capability to replace a company’s founder if revenue targets are not achieved. Founders looking for […]