LHP attorneys at law report on current developments and innovations in criminal tax law, tax law and corporate law and provide information on selected specialist topics.
If an entrepreneur evades VAT within the supply chain, this can also lead to tax law sanctions and criminal tax law implications for the honest entrepreneurs in the supply chain. For example, this can result in the tax authorities refusing to allow the honest entrepreneur to deduct input tax - often…
Crypto tax evaders no longer get a grace period. The NRW tax investigation department (specifically Bielefeld for the federal territory) is actively investigating crypto investors. The identified data is then matched with personal tax returns.
What is Bittensor? Bittensor is a decentralized network and open-source machine learning platform based on blockchain technology. It is designed to provide an open, secure, and scalable machine learning infrastructure involving miners for processing data.
It is not uncommon for taxpayers to invest in so-called futures or CFDs with cryptocurrency. That is, the taxpayer indirectly invests in derivative financial instruments or certificates, where the cryptocurrencies are merely the underlying of the financial instrument.
In a ruling dated February 14, 2023, the BFH (IX R 3/22) confirmed the taxability of swaps and sales of cryptocoins in the case of Bitcoin, Ethereum and Monero, provided that a swap and/or sale takes place within one year of the coin's acquisition (Section 23 (1) sentence 1 no. 2 EStG).
On September 20, 2022 (Ref.: IX R 9/21), the Federal Fiscal Court (Bundesfinanzhof, BFH) issued a landmark decision on immediately deductible income-related expenses. The decision provides clarity in a previously disputed borderline area of the tax classification of compensation payments for the…
With the Platform Tax Transparency Act (PStTG), the national legislator has implemented the EU Council Directive RL (EU) 2021/514 of 22.03.2021 - in short "DAC 7-RL". The PStTG regulates comprehensive reporting obligations for platform operators and an automatic information exchange procedure…
In its ruling of 26th February 2019, ECJ clarified that the provisions of AStG (Foreign Tax Act), in principle, do not restrict the free movement of capital guaranteed under EU legislation in as far as outstanding audits prove that the relevant provisions under AStG already existed on 31st December…
Lawyers/tax lawyers/tax advisers from Cologne report on the legal wrangling regarding the issue of "final losses", providing a perspective on existing certainties - and uncertainties.
On 1/8/2018, the federal government announced in a press conference that there were plans for a significant legal revision of on-line trading (quote from the press officer).
The topic of cryptocurrencies is very relevant as regards taxation. More and more investors are investing in cryptocurrencies. They should, at an early stage, look into the question of in how far these investments may result in taxation liability, and, if applicable, also criminal tax law…
Joint Audits – International audits according to art. 12 EUAHiG [Law on Mutual Administrative Assistance in Fiscal Matters] – Cologne Fiscal Court specifies Procedural Requirements (ruling of 23rd May 2017, reference no. 2 V 2498/16)
According to art. 103 section 3 of the German Basic Law, no-one can be punished more than once for the same offence (on account of general culpability).
The topic of Bitcoins is now also relevant in terms of taxation since more and more investors invest in cryptocurrencies and since this, ultimately, results in many tax issues. This is increasingly the case with clients. However, not every inaccurate tax declaration is equivalent to tax evasion.…
According to press releases published between 2009 and 2015, the state lost tax revenue of more than one billion euros as a result of the so-called "Goldfinger" model. The name "Goldfinger - which is based on the James Bond movie of the same name - was commonly used for this tax saving scheme…
"Compliance" is defined as strategically designed and executed legal conformity with a protection and control system intended to protect against violations of law and the consequences resulting from such.
In the advertising industry, “influencers” have become a decisive factor. To sell their products and services, companies are always looking for new opportunities, and often use people who do not only market themselves but also the company’s services.
The Maltese government has reacted angrily after a German state's finance minister called the EU island state "Europe's Panama." Now officials are hunting down Germans allegedly using Malta to dodge the taxman.
