Expanding into Germany?

We provide comprehensive tax and business consulting when entering the German market. WW+KN is partner in the SBC Global Alliance making worldwide coordination of business issues possible.

Doing business in Germany from abroad?

As specialists in VAT compliance services we provide full-service for VAT including all communication with the German tax authorities.

Hiring employees in Germany?

Our team of experts provide full-service payroll services and HR-solutions.

We are successful because our clients are.

WW+KN is a German tax consultancy with offices in Munich and Regensburg. Altogether, WW+KN employs 10 professionals (tax advisors, certified experts in international tax law, certified accountants) as well as numerous other qualified employees. Moreover, WW+KN can access the skills and support of a great number of partner offices in the SBC Global Alliance in all significant countries of the world. WW+KN supports and advises foreign companies, groups of companies, freelancers, self-employed and private persons with German business activities or other relationships to Germany. Special consulting areas of WW+KN in Germany are VAT registration, VAT compliance, company formation, set-up of a German business, German tax compliance (reporting, accounting, payroll, tax returns) and international tax consulting with relation to Germany.

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News

16/12/2024

No Tax Benefits for Hotels and Parking Garages in Inheritance Tax

The Federal Fiscal Court of Germany (BFH) has ruled that hotels, parking garages, and other lodging businesses are classified as harmful administrative assets under inheritance tax law. This decision has significant implications for entrepreneurs wishing to pass down such businesses to heirs while benefiting from inheritance tax privileges.

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28/11/2024

Titutes a Permanent Establishment under a Double Taxation Agreement (DTA)?

A permanent establishment for construction and assembly activities in Germany is typically defined under Article 5 of applicable Double Taxation Agreements (DTA) and the German tax code (§ 12 AO – Abgabenordnung).

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28/11/2024

Establishing a Permanent Establishment in Germany: Key Considerations for Foreign Companies

When foreign companies engage in business activities in Germany, it is crucial to understand when these activities constitute a Permanent Establishment (PE) under the applicable Double Taxation Agreements (DTAs). Recognizing the formation of a PE is essential, as it triggers specific tax obligations and compliance requirements.
This article provides an overview of the criteria for establishing a PE in Germany, with examples from various DTAs, and outlines the associated responsibilities for foreign enterprises.

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21/11/2024

Valuation of Real Estate for Inheritance and Gift Tax Purposes in Germany

When transferring real estate in Germany through inheritance or gifts, determining the property’s value is a critical step for calculating inheritance tax (Erbschaftsteuer) or gift tax (Schenkungsteuer). The valuation process is regulated by the German Valuation Act (Bewertungsgesetz, BewG), specifically §§ 157–198 BewG, and ensures a fair market value is determined for tax purposes.

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19/11/2024

Family Foundations in Germany: Implications for Inheritance Tax and Strategic Planning

Family foundations (Familienstiftungen) play a unique role in estate planning and tax optimization in Germany. These legal entities are used to manage family assets, provide financial security to family members, and achieve specific long-term goals. They can offer advantages in inheritance tax planning and even help avoid certain taxes, such as the exit tax (Wegzugsteuer). However, they also come with specific obligations and limitations.

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07/11/2024

Legal and Tax Considerations in Seed Funding Rounds

When structuring and executing seed funding rounds, careful attention must be given to both legal and tax frameworks. These considerations are crucial for protecting both investors and startup founders, ensuring regulatory compliance, and optimizing financial efficiency.

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07/11/2024

Involvement of Foreign Investors in Seed Funding Rounds for German Startups

Foreign investors play an increasingly significant role in the financing landscape of German startups. International interest brings opportunities, but it also introduces complex regulatory, tax, and legal challenges, especially in the seed funding stage. This article provides an overview of the legal and tax considerations for foreign investors entering the German startup ecosystem and how WW+KN, a Baker Tilly Company, with extensive experience in inbound cases, assists in navigating these complexities.

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07/11/2024

Specialized Expertise for Seed Funding Rounds: Why Relying on Specialists is Essential

As startups approach their first significant financing round, typically in the form of a seed funding round, many rely on their existing advisors for guidance. However, standard accounting and legal practices may fall short in addressing the complex requirements of a seed round. In these situations, the expertise of specialized firms becomes essential, as they offer a deeper understanding of the legal, tax, and financial nuances that such funding rounds demand. This article outlines why startups benefit from turning to specialized, multidisciplinary firms like Baker Tilly, where tax advisors and attorneys work closely to support all aspects of a seed round.

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23/10/2024

Comprehensive Support for Hotels with International Investors in Germany

At WW+KN, a Baker Tilly Company, we specialize in providing comprehensive financial services for hotels operated in Germany with international investors. Our experience in this sector enables us to deliver tailored solutions that meet the unique needs of global businesses operating within the German market.

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11/10/2024

Inheritance Tax (Erbschaftsteuer) in Germany – Expert Consulting

Inheritance tax (Erbschaftsteuer) in Germany is a significant consideration for individuals who inherit assets, whether …

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11/10/2024

Applying for a Certificate of Inheritance (Erbschein) by an Heirs‘ Community (Erbengemeinschaft)

When multiple individuals inherit an estate together, they form an Erbengemeinschaft (community of heirs). To …

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11/10/2024

Audit of Transfer Pricing by German Tax Authorities

Transfer pricing audits have become an increasingly important focus for the German tax authorities (Finanzverwaltung). …

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11/10/2024

Best Practices for Transfer Pricing in Intra-Group Services

Intra-group services, such as management support, IT infrastructure, and shared administrative functions, are common within …

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11/10/2024

Comprehensive Guide to Inheritance Tax in Germany: Rules, Rates, and Planning

Inheritance tax (Erbschaftsteuer) in Germany is a complex and essential aspect of estate planning. Understanding …

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11/10/2024

Cost-Plus Contracts in Multinational Enterprises: A Detailed Overview from a German Perspective

The Cost-Plus Method is a widely accepted approach for determining transfer prices within multinational enterprises …

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11/10/2024

Documentation Requirements for Transfer Pricing in Germany

Transfer pricing (TP) regulations play a critical role in ensuring that multinational enterprises (MNEs) correctly …

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11/10/2024

Filing an Inheritance Tax Return (Erbschaftsteuererklärung): A Detailed Guide

In Germany, when a person inherits assets, they are generally required to file an inheritance …

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11/10/2024

Impact of the OECD BEPS Project on Transfer Pricing Compliance

The OECD’s Base Erosion and Profit Shifting (BEPS) initiative has fundamentally reshaped global transfer pricing …

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11/10/2024

Key Information for Foreign Multinational Enterprises Regarding Transfer Pricing in Germany

Germany is a key jurisdiction for many multinational enterprises (MNEs), and understanding its transfer pricing …

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11/10/2024

The Certificate of Inheritance: A Detailed Guide to German Probate Procedures

In Germany, the Certificate of Inheritance (Erbschein) is a crucial legal document that formally identifies …

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