In the gastronomy sector, proper bookkeeping is a central aspect of tax compliance. With the digitalization of tax administration, requirements for reporting electronic recording systems (ERS) have become precise. Since the Federal Ministry of Finance
The digitalization of the catering industry reached a new, legally binding stage at the beginning of 2025. While recent years focused primarily on the introduction of electronic recording systems and the associated cash register notification
The rapid growth of digital trade has introduced new regulatory requirements. A key element is the Platform Tax Transparency Act (Plattformen-Steuertransparenzgesetz – PStTG), implementing EU Directive 2021/514 (DAC7) into German law. For sellers on digital
Cross-border online trade has grown rapidly, yet shipping goods from third countries to EU consumers presents tax challenges. To simplify these processes and ensure fair taxation, the Import One-Stop Shop (IOSS) was introduced. This procedure
In the beauty industry, chair rental has become a popular alternative to traditional employment. This concept offers studio owners and self-employed beauticians flexibility and entrepreneurial freedom. However, behind this simplicity lie complex legal frameworks. To
Vouchers are essential for customer loyalty and liquidity in the beauty industry. While economically beneficial, they present accounting challenges. Distinguishing between single-purpose and multi-purpose vouchers is vital for salon owners to avoid tax risks. The
The leasing of real estate occupies a special position within German Value Added Tax (VAT) law. While most entrepreneurial services are typically subject to tax, the law provides for a general exemption for transactions involving
Selling a property is a significant financial milestone for many owners. Beyond determining the price and handling the purchase agreement, the tax component plays a decisive role in the economic success of the transaction. At
Shareholder loans are a flexible financing tool for German GmbHs, allowing quick liquidity without formal capital increases. However, they carry significant risks during tax audits. The primary concern is whether the loan meets the arm’s
Setting managing director (Geschäftsführer) remuneration is a key task for every German limited liability company (GmbH). For controlling shareholder-managers, tax authorities scrutinize contracts rigorously to ensure payments are not classified as hidden profit distributions (verdeckte
