New tax law in Germany was passed by the upper house (Bundesrat) on 16 October 2015 and by the lower house (Bundestag) in late September 2015. The law is still pending final publication prior to enactment.
The new law—known in English as the “Tax Amendment Act 2015”—includes measures concerning extension of the group exemption provision; other consideration in exchange for contributions; changes to the composition of holders of a partnership owning real property; alignment of the real estate transfer tax with case law; installment payments of tax on gain realized on the sale of certain assets; and changes to the value added tax (VAT) rules.
Read a November 2015 report [PDF 1.69 MB] prepared by the KPMG member firm in Germany: German Tax Monthly
This report also includes discussion of:
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