Setting up a multi-level marketing organization is not exempt from sales tax

In its ruling of 3 August 2017 (Ref. V R 19/16), the Federal Court of Finance (BFH) decided that the establishment of a structured sales organisation is not exempt from VAT. In principle, this not only applies to structured sales organisations and other distribution companies and pools, but also to insurance intermediaries (agents), insurance brokers […]

The English Limited Company as an alternative to the GmbH ?

RA Johannes Fiala (München) hat für experten.de eine Kurzinformation zusammengestellt. Es geht um die Frage: Warum eine Limited ? Vorteile und Risiken. Für den Finanzdienstleister ergibt sich angesichts über 20.000 Haftungsprozessen im Jahr, die Notwendigkeit die Haftung zu beschränken, so gut es geht. Typische Gestaltungsmittel sind dabei die Versicherung des Restrisikos durch eine Vermögenschadenhaftpflichtversicherung, aber […]

Reporting obligations of the internationally active lawyer, auditor, tax consultant

In addition to keeping manual files, professionals have to fulfil even more far-reaching recording obligations, for example under the Money Laundering Act. In addition, internationally active professionals are subject to additional special reporting obligations under the German Value Added Tax Act and the Foreign Trade and Payments Ordinance. The main features are presented below: I. […]

Reporting obligations of the internationally active lawyer, auditor, tax consultant

RA Johannes Fiala (Munich), Sandra Seremek (Eggenfelden) In addition to keeping records, professionals have to fulfil even more far-reaching recording obligations, for example under the Money Laundering Act. In addition, internationally active professionals are subject to additional special reporting obligations under the German Value Added Tax Act (Umsatzsteuergesetz) and the Foreign Trade and Payments Ordinance […]