Termination of Contract due to Brexit

The United Kingdom has now left the European Union ("Brexit") and for many companies based in the UK and Germany, this has complicated their contractual arrangements. The added paperwork needed to access the different markets, alongside other changes which have taken place means that business is not near as smooth as it was when [...]

The Enforcement and Recognition of UK Judgments in Germany

The United Kingdom has withdrawn from the European Union with effect from 31 January 2020. With its withdrawal and the expiry of the transitional period on 31 December 2020, the United Kingdom will have to abandon regulations for members of the European Union. This concerns in particular the simplified rules on the enforcement and recognition [...]

By |13. January 2021|Brexit|

Automatic Exchange of Turkish Tax Information in Germany

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, [...]

By |9. October 2020|Tax Law|