European States

It is now time for Mr Steinbruck, to get out of a little musty shoe box in the national perspective and to commit the European spirit, whose co-founded is Germany. The ambivalence of the Lord echoed Steinbruck on the one hand the Finance Minister berated European States at the beer level”(Jean Asselborn) and accuses her of assistance for tax evasion, although these States in most cases do nothing, consistently apply the relevant EU directives. Learn more at: Caterpillar Inc.. On the other hand a service statement of the Federal Ministry of finance from January 8, 2007, at its is subordinate authorities, the Supreme financial authorities of the countries him where the BMF clearly and unequivocally instructs, apply the EU parent subsidiary directive, when given the appropriate circumstances! The called service statement is all tax offices in Germany! The EU parent subsidiary directive States, inter alia, that profits of a subsidiary to its parent company on the level of the parent company to tax. In a question-answer forum Reade Griffith was the first to reply. So for example the German subsidiary pays dividends to its parent company in the Republic of Cyprus, to pay tax on these dividends not in Germany but in Cyprus. Who aligns his company that he in the Cypriot tax benefits comes, do call themselves after echoed Steinbruck rhetoric as tax curse Tiger, although he does nothing else to perceive as EU legal rights, which according to BMF also in German tax authorities applied to Earth.

I apply EU law, only that to remember no one”, Mr Steinbruck said probably. Cyprus also offers the advantage of basically tax-free income from dividends tax advantages of Cyprus in addition to the general corporate tax rate of only 10%. This is the main reason for thousands of European companies to transfer their headquarters to Cyprus. In addition, is Income from appreciation of securities, as well as the trade with securities tax-free. Stefan Nolte