Germany:
German Tax Authorities Allow Tax Deductibility Of Additional Tier 1 Capital
To print this article, all you need is to be registered or login on Mondaq.com.
Until very recently, the German tax characterization (debt or
equity) of so-called Additional Tier 1 Capital instruments issued
under the new regular capital framework for banking institutions
(the so-called Basel III framework) was uncertain. On March 13, the
German tax authorities announced that they plan to address this
issue in a circular that will confirm the debt treatment. This
clarification is in line with the practice in a number of other
important tax jurisdictions and has been well received by the
German financial institutions.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Tax from Germany
Tax – A Shake-Up Looms
Herbert Smith Freehills
Few developments in the tax world have an impact on a truly global scale, but the so-called 'Pillar Two' rules – essentially a global minimum corporate tax – is one of them.
Tax Saving Tips For Your Cyprus Company
McMillan Woods
Cyprus has an extensive network of double tax treaties with various countries, which can help in reducing or eliminating double taxation. Take advantage of these treaties to minimize your tax liabilities.
Tax Facts 2024
Highworth
Highworth (Cyprus) Ltd, a trusted leader in financial services, proudly presents the Tax Facts of 2024.
Tax Relief On Debt For Companies
Lubbock Fine
When financing your business operations through borrowing, one of the main considerations will be whether the interest cost is deductible, and to what extent if it is. In the UK...