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German Ministry of Finance Extends Simplified Procedure for Tax Exemption on Remuneration for German-Nexus IP

|Approved Changes|Germany
Germany

The German Federal Ministry of Finance published a guidance letter on 29 June 2022 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 (German-nexus IP). The February 2021 guidance letter provided…

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