Companies from all over Europe are involved in the VDMA. Mechanical engineering is a familiar term to many, but what distinguishes plant engineering? The following pages show the diversity of the plant engineering sectors, the complexity of the project business, but also forward-looking solutions to meet the challenges of the time.
In the case of work assignments within Europe, the three completely different topics of "reporting obligations", "social law: A1 certificate" and "labour law: posting directive" are increasingly coming into focus.
For work assignments within Europe, the three topics of "reporting requirements", "social law: A1 certificate" and "labour law: posting directive" are increasingly coming into focus.
Work assignments abroad require systematic and careful planning. With this information, the labour, tax and social law challenges can be mastered.
This article provides an overview of the latest developments and is intended to help avoid unnecessary tax burdens and double taxation in the area of corporate taxation.
The video explains in two minutes how and why technical services trigger double taxation.
Already at the end of 2019, the Bundesrat passed the legal basis for the reform of the property tax. The central element of the reform is the possibility for the federal states to develop their own approaches (so-called opening clause) for the necessary property valuation (deviating from the so-called federal model). In the following, we provide an overview of the implementation status in the individual federal states.
In the discussion surrounding the Corona crisis, the question of how to deal with tax losses has become very important. We would like to present the most important provisions of the current legal situation.
Obtaining tax exemption is subject to conditions that must be strictly adhered to. Otherwise, there is a risk of high additional claims in tax audits. Although the EU states have agreed on a uniform line from 2020, national regulations also remain relevant.
In the course of the Second Corona Tax Relief Act, improvements were made to the tax loss carryback, which we would like to present to you below.
Together with company representatives, the VDMA has created a signpost which contains practical implementation examples for the implementation of a Tax Compliance Management System.
As of 1.1.2020, new EU law on chain transactions was also implemented in Germany with § 3 para. 6a UStG-neu. However, the previous legal situation continues to apply to a large extent. In the following, the regulations will be presented in their entirety.
Deliveries of mechanical engineering are regularly deliveries of work and materials. However, the turnover tax has its own definitions which deviate from the civil law approach. The regulations are examined in more detail below.
Sufficient liquidity is currently a key prerequisite for companies to weather the Corona crisis well and build on past successes. Despite the extensive aid provided by the German government, there is still a lack of adequate loss offsetting possibilities.
