Private Clients Update - Assets | Foundations | Succession
The update for entrepreneurs, investors and wealthy private individuals every two months
Our free newsletter is published every two months to inform you about current and general topics relating to assets, foundations and succession.
We keep it short and - hopefully - understandable, and practical anyway. The topics we cover are the subject of our daily work. Because asset optimization often goes hand in hand with tax issues, the newsletter will also regularly cover tax topics.
Current issue | February 2025
End of Crypto Privacy? North Rhine-Westphalia Intensifies Hunt for Tax Evaders And Calls for Reversal of Burden of Proof
Crypto Assets
From 2026, crypto platforms will have to report all transactions – and North Rhine-Westphalia is already taking rigorous action against undeclared crypto income. Crypto investors who have not yet declared their income in Germany should therefore take action as soon as possible.
Workation And Co.: Is Working from Abroad Becoming a Tax Trap?
International Tax Law
New OECD rules clarify when remote work abroad constitutes a permanent establishment – and when it does not. The 50 percent rule provides guidance, but countries handle it differently. Companies now need to take a closer look.
Transferring A GmbH to A Family Foundation in Germany: Social Security Obligation for GmbH Managing Directors
Foundation Law
Transferring a GmbH to a family foundation can be attractive from a tax perspective – but for the managing director, social security obligations may change. The decisive factor is whether there is sufficient legal authority to exert independent influence. Careful planning and review are now essential.
Moving to the United Arab Emirates
International Tax Law
Entrepreneurs who relocate to Dubai or Abu Dhabi do not automatically benefit from tax exemption. The location of the management and permanent establishments are decisive factors – otherwise, full tax liability in the UAE and double taxation may apply.