Entries by Sekretariat

Transparency Financial Information Act on Money Laundering

Dear Sir or Madam, The new Transparency Financial Information Act on Money Laundering (TraFinG Gw) came into force on 1 August 2021. This will transform the German Transparency Register from the previous catch-all register to a full register, so that in future the beneficial owners of all legal entities must be notified to the transparency […]

Fund Jurisdiction Act

Beneficial amendment of regulations regarding extended trade tax reduction for real estate holding SPV`s and Co-letting of operating equipment: all’s well that ends well? If let properties located in Germany are held by a property company, usually a limited liability company (GmbH), or a deemed commercial partnership with management based in Germany, the letting profits of […]

LM REAL ESTATE – New brochure available now!

LM Audit & Tax GmbH for many years is acting as Tax Compliance Boutique for Family Offices, Real Estate Developers and Real Estate Funds. In our new brochure we present our firm and our focus & services. Please contact us! Download Brochure LM REAL ESTATE

German Real Estate Dialogue am 17.09.2021 in Frankfurt

German Real Estate – Weathering the Storm Location: Villa Kennedy, Rocco Forte HotelKennedyallee 70, 60596 Frankfurt am Main Date:Friday, 17th September 2021 Time:09.30am – 17.00pm Our Partners Maximilian Bodenhagen and Thomas Jäger will participate in panels on the following subjects: More digital in Real Estate – What models work ? How to deal with new […]

Information on the Transparency Register 2021

In the following, we would like to inform you about upcoming changes in the Money Laundering Act. Information on the Transparency Register and Financial Information Act 2021 For further information or questions please contact us Phone Number: 089/ 89 60 44-0

Taxation on the sale of management shares, wages or capital income?

– BFH confirms positive court ruling from 2016 Management shares, mostly in companies that are part of a group, are a common instrument for incentivising managers. Not least in the run-up to restructuring and corporate transactions, the aim is also to align the interests of shareholders and management. Management shares in portfolio companies are thus […]

Refund of real-estate tax – Mind the filing deadline 31st March!

Loss of rent revenue resulting from vacancies reduces the return on any real estate investment. Especially in times of COVID 19 such vacancies are a possible scenario. In addition to the already painful rent losses, operating costs that could otherwise be recharged to the tenant must be borne in full by the asset owner. Additionally, […]

FYB 2021 Real Estate Tax Compliance – recent developments

In FYB 2018 we reported last on current focus points in company tax audits. A lot has happened since then, not only in terms of case law, but also in legislation. Some of the keywords here would be “ATAD” and “DAC6”, whose impacts will certainly be noticeable far beyond the turn of the year 2020/2021. […]

Tax Compliance Management System (Tax CMS) – How to avoid prison and fine. Case Studies for Private Equity and Real Estate

The initiation of criminal tax proceedings by German tax offices, mostly as a result of innocent mistakes, according to the motto “shoot first, ask questions later” is by now common practice, which some managing directors have already experienced painfully at first hand. The core question here is usually the demarcation between simple error correction on […]