TaxCorporate TaxGermany moves to cut interest relief

Germany moves to cut interest relief

Private Equity may well be hit by move, says German finance minister

Germany’s tax reforms could make the country less attractive for private
equity firms, the country’s finance minister has said.

The government has unveiled a bill aimed at closing tax loopholes. Referring
to private equity, Peer Steinbrück said: ‘[If it has] an impact on this
particular sector, then so be it. That’s the point,’ the
FT
reported.

The move restricts interest relief
on profits, the paper added.

Further reading;

Read
the FT story

German taxman ends Hargreaves
move to Man Utd

Tax Hack

Related Articles

Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

2m Alia Shoaib, Reporter
‘Improve rather than lose’ disincorporation relief, tax body urges

Administration ‘Improve rather than lose’ disincorporation relief, tax body urges

2m Austin Clark, Reporter
How to educate your clients about tax avoidance

Corporate Tax How to educate your clients about tax avoidance

2m Clear Books | Sponsored
CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

Corporate Tax CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

3m Austin Clark, Reporter
‘Google tax’ nets HMRC £281m

Corporate Tax ‘Google tax’ nets HMRC £281m

3m Emma Smith, Managing Editor
Should I incorporate my buy-to-let business?

Corporate Tax Should I incorporate my buy-to-let business?

4m Emma Rawson