German Ministry of Finance Extends Simplified Procedure for Tax Exemption on Remuneration for IP Registered in Germany

The German Federal Ministry of Finance has published a guidance letter dated 14 July 2021 that extends the simplified procedure provided in a prior guidance letter dated 11 February 2021 concerning the obligation to submit tax returns for limited tax liability in relation to intellectual property (IP) rights registered in German registers.
As previously reported, the guidance letter issued …
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