News at a glance

Legal advice, Nicht kategorisiert, Tax consultancy

From cryptocurrency to crypto art: seeing through digital returns

Post ByDr. Christopher Arendt 15. June 2021

The Corona pandemic does have its positive sides: Thanks to it, digitization has progressed rapidly and has found its way into all areas of life. We now work mainly remotely, buy more online, and invest more in stocks. Moreover, it is still trendy to trade in cryptocurrency.

In this context, the topic of “digital art” also went through the roof. The auction house Christie’s, auctioned off a digital artwork called “Everydays: The First 5,000 Days” for $59 million in February this year. The artwork is a non-analog collage of 5,000 small images by artist Mike Winkelmann, artist name Beeple.

This success has made many people sit up and take notice and is now tempting many to enter the digital art trade, regardless of whether you are a market maven or a trend chaser.

So how is a profit from crypto art or cryptocurrency taxed?

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Legal advice, Nicht kategorisiert, Tax consultancy

Fight against time: Last chance to avoid prosecution in Germany by filing a voluntary declaration

Post ByDr. Christopher Arendt 9. June 2021

Now the time has come. The final step on the part of Turkey has been taken. The agreement on the automatic exchange of information (AEOI), which Turkey ratified back in 2017, will now actually be implemented. The Turkish President, Recep Tayyip Erdogan, personally ordered the execution of the relevant decision by decree on May 31, 2021. The presidential decree was published in the Official Gazette with the number 31498. This regulation came into force on June 1, 2021.

Especially for the 6 to 7 million Turks living in Germany, this event may have devastating consequences:

What does this mean in concrete terms for all those living in Germany who have, for example, an account, custody account or real estate in Turkey?

INSIDER online event on June 17, 2021 on the topic.

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Legal advice, Topic of the month

Can the employer force employees to be vaccinated?

Post ByChristian Seidel 10. May 2021

Vaccination protects! At the very least, it it reduces one’s own risk of infection with corona and reduces absenteeism due to illness in the company. For this reason, employers have a sustained interest in ensuring that as many employees as possible are vaccinated against Corona.

But what can employers do to increase their employees’ motivation to get vaccinated?

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Tax consultancy

Farewell to an extraordinary entrepreneurial spirit

Post ByVerena Hoffmann 22. April 2021

Entrepreneur Wolfgang Stamnitz passed away on Sunday, April 18, 202 from cardiac arrest. At his desk. Suddenly and unexpectedly.  

Wolfgang Stamnitz was chairman of the board of ACCONSIS in Munich. Together with his partners Stefan Herzer and Dr. Andreas Hofner, he was a pioneer of modern client-oriented tax and legal consulting and auditing. Raising “client satisfaction” to the top level of priorities was unusual in this industry. Transferring management know-how and skills such as controlling to law firm operations was also new.

Number and sense
In the trio of the then young management, Wolfgang Stamnitz was an exceptional champion of industry renewal, and in the firm, the celebrated and tireless advocate for new ideas. He was passionate about his work, set high goals and pushed for continuous progress.
The professional focus and, above all, the personalities of the three partners were so different – and yet the three were so complementary that they shared an implicit understanding of fundamendal values and strategic issues. In the quarter century of intensive collaboration, a deep trust grew.
It became clear that the enthusiastic competitor, who never avoided confrontation, had a keen sense of community: where the WE ends, the fun ends. That was a matter close to his heart. He could get carried away. The community must become better, for everyone, preferably every day, he believed numbers are not a value in themselves, according to his credo, but they are existential- they only arise in togetherness.

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