OrbitaxOrbitax

Germany Updates Guidance on Interest Deduction Limitation Rules

|Approved Changes|Germany
Germany

The German Ministry of Finance has published updated guidance (BMF Letter) on the interest deduction limitation rules ("interest barrier") considering amendments introduced by the Secondary Credit Market Promotion Act to Section 4h of the Income Tax Act (EStG) and Section 8a of the Corporate Income Tax Act (KStG), which generally apply from the 2024 assessment period. As previously reported,…

Continue Reading