German Tax Update – 12 June 2025
June 18, 2025
With summer holiday season just around the corner, the European Court of Justice (ECJ) has delivered a traveller-friendly ruling. In its judgment of June 12, 2025 (C125/24 – -Palmstråle), the ECJ clarified that individuals returning to the EU from non-EU countries – such as Norway – are not automatically liable for import VAT if they fail to complete certain customs formalities, provided they acted in good faith and the goods were originally exported from the EU and thus fulfilling all prerequisites for a duty free import as “returned goods”.
Renewable Energy and Value Added Tax: New Clarifications on Self-Consumption, Subsidies and Input VAT Deduction
June 16, 2025
The German Ministry of Finance (BMF) has issued updated guidance on the VAT treatment of self-consumption, subsidies, and input tax deduction. Operators of energy generation plants will now face new clarifications—and specific action points.
A&M’s Asia-Pacific Private Capital Tax Top 10 – 2025 Q1
June 11, 2025
Private Capital Tax developments in the Asia-Pacific region are varied and ever-changing. Here are Alvarez & Marsal's Top 10 private capital topics for 2025 Q1.
German Tax Update – 5 June 2025
June 11, 2025
This week’s Alvarez & Marsal Tax Update discusses two new decisions by the German Federal Fiscal Court (BFH) on VAT allocation for bundled meal offers.