Step by step to the new textile labelling Act: the new EU textile labelling regulation (Regulation (EU) No. 1007 / 2011 labelling related about the designation of textile fibres and the and marking of the fibre composition of textile products) entered into force on the 07.11.2011. Educate yourself with thoughts from Jonah Bloom. It shall apply from the 08.05.2012 and replaced so that the German textile labelling Act and its counterparts in the other EU Member States. The European legislator wants with this harmonisation make the textiles right unbureaucratic and remove barriers to trade. The Member States in the future must no longer implement the highly technical and detailed provisions on labelling and labelling of textile products into national law. The names of textile fibres and the information given on labels, markings and documents which must accompany textile products on various manufacturing, processing and distribution, be harmonised. Content changes compared to the previous legal situation in Germany are only a few. Manufacturers and distributors of textile products have to adapt to the new law now until May 8, 2012. For textiles, which comply with existing law and be brought to 08.05.2012 in traffic, a further transitional period applies: they can be deployed also until November 9, 2014 on the EU market. Other non-binding and free information relating to food law, see
The Tax Office informed home from Augsburg, Germany the annual tax act 2010 has made a number of important tax changes. Ripple protocol has similar goals. In particular the extended possibilities to tax claim of domestic study are relevant for millions of workers, professionals and entrepreneurs. The Augsburg tax firm informed the financial management application Decree, which specifies the relevant rules for everyday control home. Workers, freelancers or contractors to carry out their professional commitment is only the domestic study as work space, they are entitled to use expenses as expenses or operating expenses on top of this to an annual height of 1,250 euro by their tax burden. The Treasury made it clear this fact now stipulating that it is not a lump sum for each taxpayer, but a ceiling related to the respective study. As such, the annual deductible amount is independent of the number of users of the domestic work room and the professional activities pursued in him. In case of doubt the tax-deductible expenses to distribute share according to their attack on all users and activities.
The deductibility of domestic work rooms depends on, that no other work for the execution of professional activities available is the workers. Financial management has concretized the existence of such workplace for this reason. Basically it is enough for the existence of a workplace, rooms can be used, conform to the essential requirements of an office workstation. Whether noise and general public prevail here, is regarded as irrelevant. Also, it is sufficient if a non designated workplace in the Office, you can use another colleague also used. Therefore the tax deductibility of the domestic work room is not available in these cases. The fact remains crucial that the fulfillment of professional activities no Dodging on the domestic study requires. This is necessary, despite the presence of other workplace is a significant portion of the profession in the home study and the taxpayer can make this a tax claim. Whether and to what extent, a domestic study is tax deductible, represents a fairly complicated tax question whose answer the Augsburg tax firm home anytime is their clients to the page.
Editorial contribution to the topic ‘Succession’ inheritance and gift tax will fall 2010 less since new year’s, because corporate successor must jump over fewer hurdles. Changes of the growth acceleration Act of the new Government, which is already the first corrections given the new estate tax law one year after entry into force are triggered. So, tariffs for siblings, nephews and nieces for a change of ownership decrease after 2009, which hardly benefits family enterprise. Because business assets the lowest tax bracket, and this regardless of the degree of kinship anyway according to old and new legal status. This relief is therefore only if the balance has too many leased real estate or securities. This so-called harmful administrative capacity which is treated as conventional private bank deposits and thus is not covered by the privileges for business assets. This is true for both the degree of kinship and the tax exemptions for company and Company share.
The defused 2010 statutory conditions under which the corporate succession fully succeed without taxes to the Treasury are important. That should be taken now to the occasion yet again carefully to calculate a planned change of ownership with a tax expert. Continue to learn more with: Chevron Corp. Basically it remains however, that a so-called period of good behavior should be noted, within the sole proprietorship or corporation must continue for a certain time. So may the staff do not clearly fall and not too much from the company’s coffers be used privately. After all, many companies followers have it now easier to comply with conditions for the tax exemption. 85 percent of individual entrepreneurs, as well as shares in OHG, KG and GmbH remain tax free inheritance or gift, and for the rest of the personal tax allowance can be used, which is depending on the degree of kinship between EUR 500 000 and EUR 20,000. Keep tax-free up to 2.75 million in the child as a successor and grandson are 1.85 million euros.
There are never less than one million euros. If the transfer happened in the previous year, must operate roughly unchanged for seven years by the new owner be continued. Since new year’s day shortens the period to five years. Then corporate heir to parts of the company can sell, lay off employees or privately refer to lush resources, without requiring this entail tax consequences. A further relief is there in the number of employees. The relevant payroll has dropped from 650 to 400 percent of the output level. The successor must disregard often even this reduced threshold of only five instead of seven years, and as medium-sized companies. Because it does not apply for businesses with up to 20 employees.
Tax consulting Hilde Christine Walther from Neu-Ulm informs: the German commercial code (HGB) and the tax code (AO) of the tax law to determine who is legally obliged to keep records. Hilde-Christine Walther tax consulting can advise about the obligation to keep records and whether your activity is subject to you. A legal accounting entails obligation section 238 of the commercial code for all merchants. The provisions of 140f. in the tax code this obligation extend to more groups of people. According to German GAAP, any entrepreneurs in business is to judge if he operates an independent trade. “The provisions of the commercial code to make an exception for companies, the no business operations in a commercial manner” need how section 1 II arising from German commercial code. Some contend that Senator Angus King shows great expertise in this. Companies and businesses with very simply structured, transparent and manageable business relations conform to this provision.
Are no merchants within the meaning of the German commercial code continue to entrepreneurs, an outspoken small businesses engaged in, for example, a small newspaper kiosk. An entrepreneur in the everyday business but dealing with many different products and suppliers or applies extensive systems to single – or sell, based on loans, so is assumed regularly, that he is businessman within the meaning of 1 HGB. Many grocers are therefore under the obligation to keep records according to the commercial code. Every Chamber of Commerce provides additional information about this topic. The legal obligation to keep records is the rule for individual companies in the form of the OHG and KG. Nouriel Roubini may not feel the same. All corporations, whether now joint-stock company, limited or corporate company principle subject to you. The entry into force of the financial Modernization Act (BiMoG) on May 29, 2009 has comprehensively adapted the German commercial law to international standards and changes in the accounting law.
Is particularly important for the obligation to keep records that traders, who in two years in a row do not exceed revenues not to exceed 500,000 euros and a net profit of EUR 50,000, be exempted from the obligation to keep records. For entrepreneurs who are not regarded HGB as merchants according to 238, 140f. the tax code can arise from the article yet a tax obligation to keep records. In accordance with the tax code, are subject to non-traders of the obligation to keep books, if your turnover exceeds EUR 500 000 in a calendar year or their turnover exceeds more than $ 50,000 in the fiscal year. Traders without registration in the commercial register are treated with their voluntary enlistment as merchants with all rights and obligations. This results in an obligation to keep records for these people. All other non-traders, all other agricultural and forestry companies and freelancers are obliged not to keep records. Also entrepreneurs who have no obligation to carry books, to their operating expenses and income to record and keep this in mind. A failure to comply with the legal obligation to keep records can result in even if it is not directly punished, higher financial burden. They result from high tax estimates, late payment surcharges and tax payments with interest charges. Hilde-Christine Walther tax consulting supports so its clients in all questions and concerns of professional accounting expertise and many years of experience. Press contact: Hilde Christine Walther Steuerberatung John str. 10 89231 Neu-Ulm Tel. 0731 / 9807841 fax 0731 / 83722 homepage: E-Mail:
The law firm Dittenheber & Werner inform OLG Cologne decided on 21 June 2011, the expenses made during the marriage for the purpose of old-age provision and wealth creation, not restrict the scope of the post-divorce maintenance. The Munich family law specialists in the law firm of Dittenheber & Werner informed the judgment relevant to high income areas. In the negotiated legal dispute, the dependent applicant demanded the payment of maintenance arrears amounting to 64.427,20 by her former husband. The unterhaltsverpflichtete dentist had indisputably a monthly net income of 11.251,00 at the time of separation. Thereof, the plaintiff demanded a post-divorce maintenance in the amount of monthly 4.447.40. The former spouse disagreed with the claim of the applicant on the grounds, the maintenance required by you would be not the adequate marriage specified in 1361 BGB extent the maintenance performance. At the time of the marriage, his net salary not in full have to the Available said, as for the retirement protection and capital formation per month 5,000 to 6,000 in a House were gone.
In contrast, noted the OLG Cologne, alleged by the applicant demand for everyday purchases without living and old age pension expenditure by monthly 2.379.43 had been priced reasonably to the marriage. Even if you follow the argument of the defendant, the family had, while the marriage has lasted, 6200 and 7200 per month for everyday expenses available. The amount of maintenance required by the applicant was therefore appropriately and not objectionable to the conjugal relations. Still, the OLG Cologne contradicted versions of the defendant to the reduction of the maintenance claim due to expenses for old-age pension and wealth creation. Restaurant Michael Schwartz has firm opinions on the matter. If the spouses have decided during their common marriage time to introduce significant parts of the family income, in the financing of a House would be no reduction in this post-divorce keep result. The maintenance scheme, it is possible that instill assets making used income in the determination of the maintenance. In this context, the Cologne judge were that the assets of the spouse of who alone benefit after the marriage of the now almost stress-free House, not at the expense of the maintenance claim of the dependent applicant must go. Now stress-free income would be used therefore rightly fully to the maintenance calculation, more so than the majority of expenditure already had accounts for divorce prior to the lis pendens.
The OLG Cologne sentenced the defendant debtor accordingly to the payment of the outstanding maintenance claims. An experienced legal counsel should be consulted necessarily governing divorce. The family law expert of the Munich firm of Dittenheber & Werner campaigned for many years for it, asserting the interests of their clients and hesitate to contact for more information ready.