[Advertisement] Any Americans out there? If you did not file your 2004 income tax
return by June 15th or get an extension, you are delinquent. That could
mean nasty penalties
The German tax system continues to change, both as part of the formal
‘tax reform' process and a more wide ranging debate, with substantial
implications for private equity in each case.
Germany's wide-ranging reforms have long promised rich
pickings for private equity investors. The problem is, many of the
promised opportunities haven't yet
materialised
Taxation on Germany's private equity and venture capital funds will
become more favourable to investors if proposals in a recent draft
circular are brought into effect.
The Federal Ministry of Finance determined in its brief of April 28,
2005 that advance returns for wage tax or VAT submitted on paper or by
fax for the period
One of the prerequisites for opening a business is to be a
reliable person. The law considers every tradesperson to be reliable
unless there is
evidence to the contrary.
These days, careful is the name of the game when the Finanzamt
announces a visit to audit your tax records. Even if your company is
“only” middle-sized
