Business Operations in Germany (Portfolio 7140)

Description

Tax Management Portfolio, Business Operations in Germany, No. 7140-2nd, contains information enabling foreign businesses to determine the best method of conducting their operations in Germany from both the tax and general legal points of view. The Detailed Analysis discusses the practical problems that confront foreign businesses operating in Germany. In particular it examines in detail the statutory and procedural framework of German income taxation as applied to individuals and corporations. The Detailed Analysis also covers many of the other legal details vital to the organization of a German company. In addition to an in-depth explanation of the German system of income taxation (Einkommensteuer, Körperschaftsteuer), the Portfolio discusses the trade tax (Gewerbesteuer), the value added tax (Umsatzsteuer), the inheritance tax (Erbschaftsteuer) and the real estate transfer tax (Grunderwerbsteuer).

The Worksheets include Model Articles of Incorporation for a wholly-owned GmbH, the corporate income tax return for both resident and nonresident corporations, the trade tax and value added tax returns and various forms relating to withholding taxes.

This Portfolio may be cited as Schmidt, 7140-2nd T.M., Business Operations in Germany.

Table of Contents

I. Germany — An Overview
II. Operating a Business in Germany
III. Forms of Doing Business in Germany
IV. German Tax Law — An Overview
V. Taxation of Resident Corporations
VI. Corporate Income Tax — Nonresident Corporations
VII. Taxation of Partnerships
VIII. Taxation of Foreign Legal Entities
IX. Taxation of Resident Individuals
X. Taxation of Nonresident Individuals
XI. Taxation of Expatriates
XII. Trade Tax (Gewerbesteuer)
XIII. Value Added Tax (Mehrwertsteuer)
XIV. Real Estate Transfer Tax
XV. Inheritance and Gift Tax
XVI. Special Provisions Relating to Multinational Corporations
XVII. Avoidance of Double Taxation
XVIII. Hybrid Mismatches
XIX. Income Tax Surcharge
XX. COVID-19-Pandemic and Other Instances of Legal and Tax Assistance