What are the current legal changes regarding corporate tax?
March 24, 2024 | 50,00 EUR | answered by Benjamin Hohenadel
Dear tax consultant,
My name is Alwin Stolzheim and I am the managing director of a medium-sized company. In recent years, we have always kept an eye on corporate tax in order to fulfill our tax obligations and take advantage of possible tax benefits. Now I have heard that there are current legal changes regarding corporate tax and I am somewhat concerned that we may not be up to date.
Our company has been consistently profitable in recent years and we want to ensure that we are also tax-efficient in the future. Additionally, we have recently increased our investments in digitalization and innovation, which could potentially have an impact on our tax situation.
Therefore, I am looking for information on the current legal changes regarding corporate tax and how they could affect our company. Are there new regulations that we could benefit from or should we expect tax disadvantages? What possibilities exist to optimize our company's tax position and minimize potential risks?
It would be very helpful if you could give me an overview of the current legal changes regarding corporate tax and indicate what measures we should take to be tax-efficient.
Thank you in advance for your support.
Sincerely,
Alwin Stolzheim
Dear Mr. Stolzheim,
Thank you for your inquiry regarding the current legal changes to corporate tax. As a tax consultant specializing in corporate tax, I am delighted to assist you with your tax-related questions.
Indeed, there have been several legal changes in the area of corporate tax in recent years that could also affect your medium-sized company. One of the important changes concerns the abolition of the solidarity surcharge for most companies. Since January 1, 2021, the solidarity surcharge has been eliminated for around 90% of companies, which may lead to a relief in corporate tax.
Furthermore, there are regulations for the tax promotion of research and development as well as for the promotion of digitalization investments. Companies active in these areas can benefit from tax incentives. It is therefore advisable to document your investments in digitalization and innovation carefully in order to be able to claim possible tax advantages.
To optimize your company's tax position and minimize potential risks, I recommend taking advantage of regular tax planning and consulting. Together, we can examine whether your company can benefit from the current legal changes and what measures you should take to be optimally positioned for tax purposes.
It is also important to analyze your profits and losses carefully to maximize potential tax benefits. I am available for online consultations to discuss your individual tax situation and develop suitable measures.
I hope that this information has been helpful to you. Please do not hesitate to contact me with any further questions.
Best regards,
Benjamin Hohenadel
Tax Consultant for Corporate Tax
