EYGerman Government agrees on draft bill introducing “check-the-box” elections for partnerships and further changes
|Tax Alerts, Legislation & Policy, Na ...|Germany
Executive summary
On 24 March 2021, the German Government agreed on a bill implementing a “check-the-box” system for entity classification for tax purposes. With this bill, commercial partnerships (in Germany a KG or an OHG, but not a de-facto partnership) may elect to be treated as corporations for income tax purposes.
The bill also includes further measures. If enacted, the German Reorganization T…
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