Temporary reduction of VAT rates

The German legislator is reacting to the expected economic consequences of the Corona pandemic with comprehensive measures. Probably the most surprising measure is the temporary reduction of VAT rates. The so called First Corona Tax Aid Act already reduced the VAT rate for restaurant and catering services (except for serving beverage) rendered between July 1, […]

Malta Economic Regeneration Plan

On the 8th of June 2020, the Maltese Government has announced an economic regeneration plan aiming to boost Malta’s economy after the COVID-19 slowdown which can be categorised in three categories: Reduction of costs for businesses / Increasing domestic demand / Incentivising industry while safeguarding jobs. REDUCTION OF COSTS FOR BUSINESSES One-time rent subsidy of […]

William Spiteri BaileyPartner, RSM Malta

Weisenheimer Legal joins IR as the exclusive Corporate Finance Member in Austria

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Robert Leuthner of Weisenheimer Legal. Robert has joined IR as our exclusive Corporate Finance Member in Austria. Weisenheimer Legal specializes in advising small and medium-sized companies as well as international clients and accompanies and advises them in all legal matters. These clients can […]

Robert LeuthnerPartner, Weisenheimer Legal

Corona Crisis: German liquidity support measures

The so-called Corona crisis caused by the deadly virus SARS-CoV-2 will have a damaging effect on the global economy. Thus, it is essential, among other crucial support in the field of law, to provide liquidity to those affected by the crisis. Due to the forced closure of shops and business worldwide supply chains are interrupted, […]

Corona news portal – How you as a company will master the crisis

The Coronavirus hits companies hard. Here you will find an overview of legal, tax and business management questions employers and entrepreneurs must answer now to manage the crisis and to secure the solvency and restructuring ability of their companies. Overview 1. Employment law and short-time work2. Securing liquidity and crisis management3. Insolvency law – Suspension […]

Coronavirus: Support Package of German Government

One of the four corner points of the support package of German Government for businesses comprises of tax related liquidity support measures. Concrete businesses which expect an income reduction related to Coronavirus crisis for the current year can apply for a reduction of tax prepayments e.g. income and corporate income tax. It is also possible […]