- corporate
- tax
Inheritance tax / estate planning / business succession
Sections 13a – 13c of the Inheritance Tax Act (ErbStG) grant privileges for acquiring or transferring business assets. These shares in corporations and agricultural and forestry businesses may ensure these assets are transferred tax-exempt. The individual requirements for this are very complex and multi-layered.
Law to reduce bureaucracy: Draft bureaucracy relief act IV presented – the next paper tiger!
/by Christoph Schmitz-SchunkenIt is undisputed: Bureaucratic hurdles make life enormously more difficult for private individuals, but above all for companies. The fact that the German government is now addressing the issue of bureaucracy reduction – as announced in the coalition agreement – is therefore very welcome in principle.
BGH tightens duties to provide information in due diligence audits to the detriment of the seller
/by Christoph Schmitz-Schunkenduties to provide information in due diligence audits that are subject to compensation
Claim for reinstatement: BGH (German Federal Court of Justice) on the scope of the company’s duty of loyalty following the termination of a shareholder’s contract
/by Christoph Schmitz-SchunkenIt is standard for shareholders to terminate the employment of another shareholder. There are many reasons for this: the breach of social fiduciary duties is often a reason for such a termination.