International Taxation - vdma.org

The VDMA's regional associations have a long tradition of organizing tax events. We will be offering these events again in the first half of 2024. We give you a small preview of when and where!

On May 15, 2025, the Federal Ministry of Finance (BMF) published the "Fact sheet on cross-border audit cooperation with tax administrations of other countries and territories: joint and simultaneous audits and presence of officials".

Slovakia's new financial transaction tax also applies to foreign companies.

The US withholding tax is an essential part of the US tax system.

Italy currently offers companies interesting investment incentives for machinery and equipment. These are granted in an efficient form via tax credits, which can be offset against current tax and contribution payments.

Starting too late can lead to delays in accounting and unexpected withholding tax deductions.

On April 3, 2025, the US government announced the introduction of a general 10% base tariff and 20% additional tariff on all imports, including those from Europe and Germany.

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Donald Trump's tax policy and its impact on German mechanical engineering companies

The Federal Ministry of Finance has published a discussion draft for a Minimum Tax Adjustment Act (MinStGAnpG). The main aim of the law is to make the application of the CbCR safe harbour more specific.

Overview of double taxation treaties and income tax exemption for stays abroad (only in German).

On February 13, 2023, new reporting obligations were introduced under the new Excise Duty System Directive for excise goods in free circulation that are delivered or received across EU borders.

In fiscal year 2023/2024 (01/04/2023 - 31/03/2024), India will increase the domestic withholding tax rate on remuneration for technical services and royalties from 10% to 20% plus Surcharge and Health Education Cess.

Brazil will in the future follow the OECD Transfer Pricing Guidelines, thus turning away from the previous special regime.

The BMF has published its first discussion draft for the national implementation of the global minimum tax in Germany.

CBDT provides relaxation, allows manual filing of Form 10F by non-resident taxpayers not having PAN till March 31, 2023.

Countries such as the United Kingdom and the Netherlands have already taken the first steps towards national implementation of Pillar II, and other countries are in the starting blocks.

The German Federal Ministry of Finance (BMF) has published the brochure "The most important taxes in international comparison".

The unanimity necessary for the adoption of the directive failed due to the veto of Poland, Sweden, Malta and Estonia.

Global minimum tax rules are designed to be very complex and will increase tax compliance efforts.

Plant construction projects are a complex matter of international taxation of large plants.

India is one of the 139 member countries who are already onboard to the two pillar plan for reformation of international tax rules and have expressed their commitment thereto.

Now in effect: 30 % withholding tax on remuneration paid to foreign companies without F-Tax registration, introduction of economic employer concept and reporting obligations to the tax authority.

The video explains in two minutes how and why technical services trigger double taxation.

This article provides an overview of the latest developments and is intended to help avoid unnecessary tax burdens and prevent double taxation in the area of corporate taxation.

The taxation of technical services provided abroad is becoming increasingly challenging. Errors can trigger additional tax burdens that are often impossible to correct.

The Supreme Court of India on March 02, 2021 settled the long pending issue of taxability of cross border payments for import of software licenses in favor of the assessees. The application of the decision requires that the foreign Taxpayer is protected by a Double Taxation Avoidance Agreement (“DTAA”). The decision is of high relevance.

Scope of digital tax (Equalization Levy) to be narrowed.

Anyone doing business in India often stumbles very quickly over a certain amount of bureaucracy as well as long periods of time until payment of their bills and high interest rates for back taxes.