Baden-Wuerttemberg Fiscal Court: Abolishment of income-related expense deduction for capital income is unconstitutional: The Fiscal Court of Baden-Wuerttemberg has determined that the abolishment of income-related expense deduction for capital income is unconstitutional in certain circumstances. According to the decision, these ... (more)
Unfortunately, the German legislator could not agree on a final draft of the Act Amending the German Investment Tax Act and Other Acts ("GITA-AIFM") yet. As a result, the legislative process regarding the GITA–AIFM has been put on hold and will not ... (more)
Article in Private Debt Investor The regulatory environment in Europe is a patchwork of different regimes. New regulatory regimes under Basel III and Solvency II affect both European banks as lenders and European insurance companies as investors in the future. One of ... (more)