German Tax Authorities have published measures which will help to reduce and delay tax payments in 2020. Each business will need to apply for these tax reliefs individually at the competent German tax office.
The deal includes the acquisition of HL Cruises’ luxury and expedition fleet, consisting of two five-star plus luxury vessels and three expedition cruise ships, by TUI Cruises.
The newly established platform, Galileo Green Energy, will invest in the development of wind and solar energy projects and storage solutions across Europe, including in Italy, Spain, France, Germany and the UK
The Merkur wind farm consists of 66 GE Haliade 150 turbines with a capacity of 396 MW. The project will save c.18 million tonnes of CO2 equivalent over its project life.
Gerrit Bartsch explores the European Court of Justice’s decision to rule that offshore jack-up drilling rigs do not benefit from the VAT exemption for vessels which are engaged in the international shipping and maritime transport sector.
ZEABORN expands its ship management activities beyond its traditional focus on container ships, heavy-lift and bulk carriers.
In our recent briefing, Tax Partner Gerrit Bartsch and Associate Verena Weider discuss the decision of The European Court of Justice regarding the German Real Estate Transfer Tax exemption clause for group restructurings.
80% kürzung des auflösungsgewinns aus unterscheidsbetrag bei gewerbesteuer entgegen dem tonnagesteuererlass für zulässig gehalten
Under the tonnage tax regime, enterprises and individuals with seagoing vessels have the opportunity to be taxed on the basis of a deemed profit related to the ship’s tonnage instead of the actual operating results. Read more here.