As an innovative way to raise capital in the blockchain space, ICOs offer numerous opportunities but also raise tax and regulatory issues. This post gives you an overview of the tax aspects of ICOs from a private and business perspective and shows how to avoid tax pitfalls.
Continue ReadingMonth: January 2025
Technology meets Expertise: The Audit of the Future
As multi-award-winning auditors for medium-sized companies, we always have one eye on the future. The questions that drive us are: What will the audit of the future look like? What added value can we offer our clients in the future? How can we become even better? In our view, ongoing digitalisation and the use of innovative technologies will permanently change the audit of the future.
Continue ReadingThe managing director as an employee: a focus on holiday entitlement
In principle, the terms managing director and employee are mutually exclusive – managing directors are not considered employees under labour law. Nevertheless, in a recent ruling, the Federal Labour Court (Bundesarbeitsgericht, BAG) decided that an external managing director is to be regarded as an employee in certain constellations, for example with regard to holiday entitlement.
Continue ReadingYou have received a property tax assessment notice – what now?
Many property owners have now received their local property tax assessment and are shocked to find that the property tax payable from 2025 has increased many times over in some cases. How can this be and what options do property owners have? This article explains the most important aspects of the property tax reform with a focus on Bavaria.
Continue ReadingDelay in CSRD implementation: What should companies do now?
The introduction of the Corporate Sustainability Reporting Directive (CSRD) in Germany is facing unexpected challenges: A government draft is available, but the legal implementation could not be completed by the end of 2024. Now the CSRD Implementation Act is to be passed and come into force in 2025. This creates uncertainties for many companies that are to be subject to reporting requirements.
Continue ReadingInflation: Importance of debt beta in company valuation
The current inflation trend and rising interest rates are having a significant impact on company valuations. Inflation can erode the value of a company – which is why it is important to take a debt beta into account when valuing a company.
Continue ReadingThe marital property swing – a tool for tax-free asset transfer and for repairing unconsciously triggered gift tax
In the case of a wealth/salary gap between spouses, the property settlement swing offers the possibility of transferring assets to the ‘poorer’ spouse independently of the gift tax allowance (500,000 EUR). If gifts have been made between the spouses without their knowledge in the past (e.g. by making payments into a joint account),
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