The new amendment to the French-German Double Taxation Treaty will enter into force on January 1st, 2016
The French Sénat adopted the laws on the amendment to the German-French Double Taxation Treaty on December 16th, 2015. From the side of the German Bundestag and Bundesrat the equivalent German law had already been passed on September 25, and 28, 2015. ( read more here )
OECD presents outputs of OECD/G20 BEPS Project recommending reforms to the international tax system for curbing avoidance by multinational enterprises
The OECD presented on 05/10/2015 the final package of measures for a comprehensive, coherent and coordinated reform of the international tax rules which has been discussed by G20 Finance Ministers at their meeting on October 8th, in Lima, Peru. The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project provides governments with solutions for closing the gaps in existing international rules that allow corporate profits to « disappear » or be artificially shifted ... ( read more here )
Crowdfunding in France
In her presentation "Crowdfunding in Frankreich" (The crowdfunding in France), published in Recht der Internationalen Wirtschaft in June, 2015, Barbara Marbina describes the essential legal basis of crowdfunding in France, and more particularly in view of the French crowdfunding reform which came into effect in October 2014. ( read more here )
European Court of Justice's decision on non-residents taxation : removal of the social-security contributions of 15,5% on real estate income?
"The contribution of 15,5% on real estate income or other income from assets is considered as an unequal treatment for EU non-residents who already are subject to social security in another member state of the EU by the ECJ…." ( read more here )
New investment law marks a new era for inbound investments !
Düsseldorf - Mitte Januar hat das chinesische Handelsministerium
den Entwurf eines einheitlichen und umfassenden Gesetzes für ausländische
Investitionen in der Volksrepublik China vorgestellt. Zukünftig sollen mit
ausländischem Kapital finanzierte Unternehmen – sogenannte FIEs – reinen
Inlandsgesellschaften im Wesentlichen gleichgestellt werden.
( read more here )
Translation of the Bill of the Federal Law on CFCs of 26 08 2014
“On Amendments to Parts One and Two of the Tax Code of the Russian Federation (taxation of the income of controlled foreign companies and profits of the…