news and press Page 1 of 12. 1 2 3 .... 12 Next 13. Jan FG Düsseldorf: Demolition of inherited family home may retrospectively give rise to estate tax The demolition of your parent’s home post-inheritance may lead to a retrospective loss of tax-exempt... Read more 08. Jan COVID-19 – Rent reduction in response to lockdown The return to a state of lockdown has hit many businesses and entrepreneurs hard. Meanwhile, the... Read more 05. Jan Transfer of shares from company to private hands not an acquisition If shares that were acquired prior to 2009 are transferred from company to private hands and later... Read more 22. Dec Obligation to file for insolvency only suspended in cases of over-indebtedness, not illiquidity There has been a limited extension until December 31, 2020 to the suspension of the obligation to... Read more 18. Dec Law aimed at promoting fair competition passed The Bundestag and Bundesrat – Germany’s lower and upper houses of parliament respectively – have... Read more 09. Dec Business closure due to COVID-19 – Claims against insurer successful An insurer was forced to indemnify a Munich restaurant for its closure due to COVID-19. The owner’s... Read more 08. Dec COVID-19 – Provider of business closure insurance must pay out The Landgericht (LG) München – the Regional Court of Munich – recently delivered a judgment... Read more 01. Dec BFH on taxable income from interest in connection with transfer of house along with plot of land in return for annuity payments According to the Bundesfinanzhof (BFH) – Germany’s Federal Fiscal Court – transferring a plot of... Read more 25. Nov German patent law draft modernization act approved German patent law is set to become simpler and more modern. On October 28, 2020, Germany’s federal... Read more 20. Nov Taxable income from renting via Airbnb – Possibility of voluntary disclosure Rental income is subject to tax. Those renting out apartments via platforms such as Airbnb need to... Read more Page 1 of 12. 1 2 3 .... 12 Next