THE AGRICULTURAL KNOWLEDGE AND INNOVATION SYSTEM The German agricultural knowledge and innovation system is composed of a large variety of organisations and differs considerably between regions and sub-sectors. This is a consequence of different political history in Eastern and Western Germany, different farming structures and the federal governance system shapingRead More →
Origin of goods and preferences Origin of goods and preferences The origin of goods is defined differently depending on the pur- pose, and may affect the treatment of goods under customs law, foreign trade law, and also under commercial aspects. Under the Customs Code there are different rules of originRead More →
FSAP recommended frequent and open exchange of information Information exchange: The FSAP recommended frequent and open exchange of information between macro and microprudential supervisors. The FSA enshrines this principle in statute and provides for the Bundesbank and BaFin to share the necessary information (“observations, findings and assessments”) required by BaFinRead More →
Consumer sales from foreign websites Consumer sales from foreign websites Foreign businesses providing electronic services or downloads to private, non- business consumers in Germany from outside the EU must register for VAT in an EU state of their choice. VAT is to be charged as though the service had beenRead More →
1,167,000 persons were employed in agriculture In 1991, 1,167,000 persons were employed in agriculture which was 3% of the national total. However the numbers of employees as well as the gross value added of this sector were decreasing permanently during the last 20 years (cf. Table 2 and Table 3).Read More →
Component of the customs value While these costs must be added, certain other costs are not deemed to be a component of the customs value, provided they are distinguishable from the price actually paid or payable for the imported goods. Financing costs and buying com- missions are examples of this.Read More →
BaFin contributes to the work of the FSC BaFin contributes to the work of the FSC in areas that fall within its core competences. It does this by preparing (sometimes jointly with the Bundesbank) in-depth analyses on specific topics based on its cross-sectoral expertise. Internally, BaFin has also stepped upRead More →
taxable “permanent establishment” Foreign exporters who wish to station their own employees in Germany or to appoint their own German representatives may well meet the preconditions of a taxable “permanent establishment” in Germany under the terms of the relevant double tax treaty. Effectively, part of the net profit earned onRead More →
Costs or values incidental to the production Additionally, costs or values incidental to the production and the sale of the goods or associated with the transportation of the goods must be added if not included in the price already. This applies to: -Commissions and brokerage (except buying commissions) -Costs ofRead More →
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