Tax Alert on the Corona economic stimulus package: short-term reduction of VAT rates
This week, the coalition committee approved an economic stimulus and crisis management package. In the area of VAT, two changes were agreed upon: One…
German Federal Government extends investment screening laws and procedure to include the health industry
Following the amendment to the Foreign Trade and Payments Act (Außenwirtschaftsgesetz) adopted by the German Federal Cabinet on April 8, 2020, the…
Impeding the applicability of collective agreements is inadmissible
Union members automatically have rights and remedies under a collective agreement if the employer is also bound by the respective collective…
After all, is there an immediate obligation to introduce a working time recording system?
Almost a year ago, the European Court of Justice (ECJ, decision of May 14, 2019 - C-55/18) ruled that EU Member States must oblige employers to set up…
HPE Growth invests in xbAV AG with Baker Tilly’s support
Within the scope of a Series C financing round, Baker Tilly advised the growth investor HPE Growth in connection with its investment in xbAV AG. The…
Corona aids: KfW and federal states’ business development bank subsidies
In Germany, the government addresses the coronavirus’ economic effects in particular with loans and the assumption of risks by the business…
First adjustments of insolvency law during the pandemic
Obligations to file for insolvency are temporarily suspended // Payment bans are temporarily adjusted // Insolvent companies’ contractual partners are…
Corona Crisis: Government decides on Online General Meeting without the Need for Attendance
On 23 March 2020, the German federal government passed a reform of the German Stock Corporation Act to enable companies to hold a general meeting…
Package of Corona-Measures by the Federal Government: Benefits for Consumers, Companies and Banks
The subject of this article is the package of measures presented by the Federal Government in the cabinet bill of 22 March 2020 to provide short-term…
German Constitutional Court holds UPC-implementation unconstitutional
Today, the German Constitutional Court handed down its long-expected decision on the constitutional complaint against the implementation of the UPC.