In general, the ownership transfer of shares in a corporation such as a German GmbH, in contrast to the ownership transfer of assets, is not sufficient as such to enable the purchaser to continue an independent economic activity of the seller, hence to fulfil the conditions of a non-taxable TOGC. However, the situation may be different if the shares in the GmbH, which is the subsidiary in a fiscal unity according to the VAT rules, are transferred to a purchaser as the new parent company and who will be maintaining the fiscal unity with the subsidiary..
Source: dlapiper.com
Latest Posts in "Germany"
- Vending Machines in Germany: Fiscal and Receipt Requirements
- General Court New VAT Case – T-548/26 (Finanzamt Freising) – No details known yet
- VAT Implications of Electricity Balancing Models for German Properties
- BFH Allows VAT Deduction on Legal Costs from Failed Car Toll Claims
- German E-Invoice Validation Must Cover XML, Business Rules and the PDF/A-3 Container
