In September 2012, the Federal Cabinet (Bundesregierung) adopted a draft bill on the simplification of company taxation and the tax treatment of travel expenses (Gesetz zur Änderung und Vereinfachung der Unternehmensbesteuerung und des steuerlichen Reisekostenrechts). Key elements of the draft bill are summarized below. Fiscal unity regime The draft bill provides for several amendments regarding the rules on fiscal unity (Organschaft), in particular in view of EU law. -   The fiscal unity regime will be applicable also to companies incorporated under the laws of an EU/EEA Member State which have their place of effective management in Germany. Thus, from...