The company entered Group 3 in “Tax Consulting” and “Labor and Migration Law” categories, and was also recommended in “Corporate Law/M&A” category. The Pravo.ru-300 Rating is the largest study of the legal market in Russia. For 10 years, it has served as a reference point for courts and customers, with the help of which they […]
“We are planning to more actively support Russian enterprises, which develop their businesses abroad”, SCHNEIDER GROUP CEO speaks about the company’s plans. Many business owners and managers say they will remember 2020 as phenomenal in many ways. What can you, Philip, as CEO of consulting company SCHNEIDER GROUP, say about the ending 2020? The year, […]
The demolition of your parent’s home post-inheritance may lead to a retrospective loss of tax-exempt status. That was the verdict of the Finanzgericht (FG) Düsseldorf – the Fiscal Court of Düsseldorf – in a judgment from January 8, 2020 (Az.: 4 K 3120/18 Erb). Children who inherit real estate from their parents can receive an […]
At the end of 2020, the Bulgarian Parliament adopted significant changes to the Value Added Tax Act (VATA). The changes are related to the introduction of the requirements of Council Directive (EU) 2017/2455 of 5 December 2017 amending Directive 2006/112/EC and Directive 2009/132/EC as regards certain value-added tax obligations for supplies of services and distance […]
In 2019, a project on the mandatory marking of goods was launched in Russia. By 2024, a single national marking system will cover all industries from medicines and tobacco products to clothing and baby food. Starting in 2021, clothing, tires, dairy products, and perfumes and eau de toilette are subject to mandatory marking. Selling these […]
On 31 December 2020, Law 11/2020 of 30 December on the General State Budget for 2021 was published in the Spanish Official Gazette (BOE), by which important tax measures that generally came into force last 1 January were introduced. The most relevant measures for taxes are described below. Corporate Tax For fiscal years beginning on […]
The return to a state of lockdown has hit many businesses and entrepreneurs hard. Meanwhile, the courts are arriving at different conclusions regarding whether government-mandated business closures justify rent reductions. The period in the run up to Christmas saw the metaphorical lights go out in a lot of pedestrian zones and at many businesses, many […]
If shares that were acquired prior to 2009 are transferred from company to private hands and later sold, the profits are not to be treated as taxable income from capital investments according to the Finanzgericht (FG) Münster, the Fiscal Court of Münster. On January 1, 2009, a flat rate withholding tax (Abgeltungssteuer) was introduced in […]
One of the biggest complaints in relation to Romania over the last period has been its bureaucracy and the frustrations this has for investors or businessmen used to different way of doing business. The attitude in Romania has changed over time and has seen a further boost caused by Covid. The lockdowns and requirements of […]
On 31 December 2020, Law 11/2020 of 30 December on the General State Budget for 2021 was published in the Spanish Official Gazette (BOE), by which important tax measures that generally came into force last 1 January were introduced. The most relevant measures for taxes are described below. Corporate Tax For fiscal years beginning on […]
The Bundestag and Bundesrat – Germany’s lower and upper houses of parliament respectively – have passed a law designed to promote fair competition, with the legislation expected to curb misuse of warning notices significantly. The German government hopes that the law will ensure fair competition and curtail misuse of warning notices. To this end, the […]
There has been a limited extension until December 31, 2020 to the suspension of the obligation to file for insolvency due to the coronavirus pandemic. However, this only applies to cases of over-indebtedness, not illiquidity. To mitigate the effects of the coronavirus pandemic and prevent a wave of insolvencies, Germany’s federal government decided in […]