Type of publication: Technical

How is a Permanent Establishment Defined in Germany?

Written on November 27, 2023.

From AGN EMEA Tax Committee members and AGN tax correspondents

Permanent Establishment and Fixed Business Facility for Service Providers in Germany: A foreign company operating in Germany must be assessed from a tax perspective to decide whether the establishment is a ‘permanent establishment’ or not. The existence of a permanent establishment has various consequences, especially Germany’s right to tax the income attributable to the permanent establishment in Germany.

ESRS Materiality Analysis in Medium-Sized Businesses

Written on November 15, 2023.

News from the AGN EMEA Accounting, Auditing & Education Committee (AAEC)

The materiality analysis is the “linchpin” of future Corporate Sustainability Reporting Directive (CSRD)/European Sustainability Reporting Standards (ESRS) sustainability reporting.

Navigating the UK’s Post DAC-6 Disclosure Regime: Key Insights and Implications

Written on October 30, 2023.

AGN EMEA Tax Committee News.

EU Directive 2018/822 (known as ‘DAC 6’) amended and significantly expanded the existing Directive on administrative cooperation in the field of taxation (2011/16) by introducing a reporting regime for professional advisers where they are involved in tax planning which meets certain hallmarks.

AGN Taxpresso: 2023 – Issue 3 (Asia Pacific Tax Publication)

Written on October 19, 2023.

Inside this issue, Richard Ashby at AGN Member Firm Gilligan Sheppard in New Zealand provides insight into the new Government and what impact this will have on taxes. Muhammad Kamil Gohar at AGN Member Firm RASG in India provides insight into taxes related to the digital economy.

A summary of each article follows. Download the publication for a comprehensive read.

Is the EU Commission now “greenwashing” CSRD sustainability reporting?

Written on October 16, 2023.

News from the AGN EMEA Accounting, Auditing & Education Committee (AAEC)

As it did with the EU Taxonomy Regulation, we question whether the EU Commission is now “greenwashing” CSRD sustainability reporting.

After the European Financial Reporting Advisory Group (EFRAG) “expert group” submitted its drafts on Set 1 of the European Sustainability Reporting Standards (hereinafter EFRAG-ESRS) to the EU Commission in November 2022, the Commission published its revised versions on June 9, 2023 (hereinafter EU-Com.-ESRS) and put them out for public consultation.

Navigating the EU Foreign Subsidies Regulation: Implications for Swiss Companies

Written on September 25, 2023.

AGN EMEA Tax Committee News.

On October 12, 2023, the European Foreign Subsidies Regulation (FSR) will take effect, impacting Swiss companies and foreign entities operating in Switzerland.

The FSR introduces notification requirements for large business transactions and public procurement, containing a broad definition of subsidies, including tax benefits, grants, loans, and guarantees. As the deadline approaches, Swiss businesses must prepare for compliance.

The Importance of Stakeholders

Written on September 18, 2023.

News from the AGN EMEA Accounting, Auditing & Education Committee (AAEC)

The European Sustainability Reporting Standards (ESRS) emphasise the importance of stakeholders for sustainability activities:

Sustainability reports must be audited in the future. The audit result must contain statements regarding the following:

Compliance with the CSRD and the ESRS (including the process for identifying reportable information).
Compliance with Article 8 of the EU Taxonomy Regulation.
Compliance with the ESEF Regulation with regard to disclosure in the ESEF format.

Type of publication: Technical

How is a Permanent Establishment Defined in Germany?

From AGN EMEA Tax Committee members and AGN tax correspondents

ESRS Materiality Analysis in Medium-Sized Businesses

The materiality analysis is the “linchpin” of future Corporate Sustainability Reporting Directive (CSRD)/European Sustainability Reporting Standards (ESRS) sustainability reporting.

Navigating the UK’s Post DAC-6 Disclosure Regime: Key Insights and Implications

AGN EMEA Tax Committee News.

AGN Taxpresso: 2023 – Issue 3 (Asia Pacific Tax Publication)

Is the EU Commission now “greenwashing” CSRD sustainability reporting?

As it did with the EU Taxonomy Regulation, we question whether the EU Commission is now “greenwashing” CSRD sustainability reporting.

Navigating the EU Foreign Subsidies Regulation: Implications for Swiss Companies

AGN EMEA Tax Committee News.

The Importance of Stakeholders

The European Sustainability Reporting Standards (ESRS) emphasise the importance of stakeholders for sustainability activities:

Central & South America Transfer Pricing 2023

Central & South America Tax Cards 2023

Audit of Sustainability Reports

Get in touch

Follow us on social media: