Germany

Topic: Restructuring and Insolvency

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Commission proposes to tax digital services, exempts European trading venues and SIs

On 21 March 2018 the European Commission proposed a legislative package aimed at introducing a common European taxation framework for digital services. This includes a proposal for a Council Directive laying down rules relating to the corporate taxation of a significant digital presence (Digital Services Tax Framework Directive) and a proposal for a Council Directive on … Continue Reading

New law on the reorganisation of bank resolutions

The German Government has begun to reorganise national financial stability tasks which are due to be completed by 2018. As a first step a new “Law on the reorganisation of the tasks of the Federal Financial Market Stability Authority” (Gesetz zur Neuordnung der Aufgaben der Bundesanstalt für Finanzmarktstabilisierung – FMSANeuOG) has been published in the … Continue Reading
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