In July 2026, prosecutors searched Deutsche Bank's Frankfurt headquarters as part of an investigation into cum-cum transactions carried out by Postbank, now part of the Deutsche Bank group, between 2008 and 2010. Ten former Postbank executives are named as suspects. The bank itself is not the target of the investigation and has stated that [...]
Social media has become integral to our daily lives, with influencers sharing their lifestyles and introducing followers to their favourite products and habits. However, the wealth displayed on Instagram, TikTok, and YouTube is attracting not just admiration from followers, but increasingly the attention of German tax authorities. In North Rhine-Westphalia alone, the State Office [...]
Given the increasing number of tax audits currently taking place, those offering holiday accommodation in Germany should be well advised to check their information on income and value-added tax as well as on the cultural and tourism tax due in some areas. Only recently, the Hamburg tax authorities issued a clear warning to landlords [...]
Holders of financial accounts abroad who are resident in Germany must also declare them in the German tax return and pay tax on them where appropriate. Foreign investment income such as interest, dividends, account balances and proceeds from the sale of financial assets are in principle also subject to taxation in Germany. Often, however, [...]