Tax Bill 2010 includes CFC changes
01 December 2010
On October 29 2010, the Bundestag passed the Annual Tax Bill 2010 (for 2011) and forwarded it to the Bundesrat for final approval. One of the main features is a change to the CFC rules to counter a perceived abuse. The principle behind the CFC rules is to attribute passive income to the German parent if retained by a foreign subsidiary after effective taxation of less than...
This article is available to subscribers and current trialists of International Tax Review only. Please log in or subscribe for access to the rest of the article.
Alternatively take a free trial, giving you 7 days of access.
Subscribe now
This article is available to subscribers only. To read the rest of this article please subscrbe.
Subscribe
Free trial
This article is available to trialists and subscribers only. Please take a free 7 day trial to read the rest of the article.
Free trial