OrbitaxOrbitax

German Ministry of Finance Publishes Guidance on Simplified Procedure for Tax Exemption on Remuneration for Intellectual Property Registered in Germany

|Approved Changes|Germany
Germany

The German Federal Ministry of Finance has published a new guidance letter dated 11 February 2021 concerning the obligation to submit tax returns for limited tax liability in relation to intellectual property (IP) rights registered in German registers. This follows a guidance letter issued in November 2020, which provided that, according to German tax law, domestic income leading to limited ta…

Continue Reading