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G7 G7 Finance Ministers and Central Bank Governors Meeting Communiqué (Niigata, Japan)
The G7 finance ministers and central bank governors released a joint communiqué following their meeting in Niigata, Japan.
G7 G7 Finance Ministers and Central Bank Governors' Statement, Washington D.C.
On 12 April 2023, the G7 finance ministers and central bank governors issued a joint statement.
Taxation Global corporate tax reform is on the way
Under the auspices of the OECD, 138 countries have reached an agreement on a fair allocation of taxing rights and a global minimum effective tax rate of 15%. This is a genuine revolution in international tax law. The global minimum tax rate will now be implemented in national law.
Climate action Green federal securities
Climate action is a priority. To boost sustainability in financial markets too, the German government is issuing Green German Federal Securities. This will inject momentum into the sustainable bond market as a whole.
G7 G7 Statement on Russia’s War of Aggression against Ukraine and its Impact on the Global Economy
On 23 February 2023, the G7 finance ministers and central bank governors issued a joint statement.
Financial markets Germany bids to host the new Anti-Money Laundering Authority (AMLA)
Germany’s bid to host the EU’s new Anti-Money Laundering Authority (AMLA) is entering the critical stage. Germany wants to bring the headquarters to Frankfurt.
taxation Questions concerning the application of the Platform Tax Transparency Act (Plattformen-Steuertransparenzgesetz)
The Platform Tax Transparency Act of 20 December 2022 (Federal Tax Gazette I, p. 2730) introduced a reporting obligation for operators of digital platforms and the cross-border automatic exchange of information between tax authorities of EU Member States. This circular assists in the proper implementation of the Platform Tax Transparency Act and addresses issues of practical relevance.
Public finances A resilient Germany is weathering the energy crunch: Guest article by Christian Lindner in the Financial Times
Government measures to encourage lower consumption are market-based and do not interfere with price signals
G7 presidency G7 Finance Ministers’ Statement on support to Ukraine
On 22 December 2022, the G7 finance ministers held their last virtual meeting under Germany's presidency and issued a joint statement.
Taxation External tax relations
An overview of German law on external tax relations, especially transfer pricing.