The German Federal Fiscal Court (BFH) decided in its judgement (XI R 13/11) dated May 14, 2014 on the VAT treatment of services performed by a key intermediary within a multi-level sales channel. Following the judgement of the BFH the services performed by the ... (more)
With the US Foreign Account Tax Compliance Act, FATCA, which forms part of the US HIRE Act under US law, the US legislator obligates foreign financial institutions to surrender extensive information on earnings received in foreign accounts held by US ... (more)
On June 17, 2014, the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht or “BaFin”) published an amended version of its “Guidance Notice on the notification of the intended marketing of EU AIF or foreign AIF to private investors in the ... (more)
