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Germany Planning Defensive Measures to Restrict Business Relationships with Non-Cooperative Jurisdictions

|Proposed Changes|Germany
Germany

The German Ministry of Finance has announced a draft law, the "Law to Prevent Tax Avoidance and Unfair Tax Competition", which includes defensive measures designed to restrict individuals and companies from continuing or starting new business relationships with non-cooperative jurisdictions. For this purpose, a jurisdiction is considered non-cooperative if it is included in the EU list of non-…

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