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German Annual Tax Act 2022 Includes Partial Repeal of German-Nexus IP Taxation and Introduction of Solidarity Contribution for Fossil Fuel Sector

|Approved Changes|Germany
Germany

Germany published the Annual Tax Act 2022 (JStG 2022) in the Official Gazette on 20 December 2022. The main measures include:

  • A partial repeal of the controversial rules regarding the taxation of income from the rent/lease or sale of intellectual property (IP) rights registered in German registers (German-nexus IP) under Section 49 of the Income Tax Law, which includes the addition of a new p…

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