Price pressure on the German housing market to continue House and apartment prices in Germany have risen since the beginning of 2009, which means that 2018 is the tenth year in the current real-estate cycle. Even though the cycle has already reached an impressive length, it is still characterised byRead More →
Frankfurt is continental Europe’s main financial hub Frankfurt has a really good hand compared to its competitors in Europe – Amsterdam, Dublin, Luxembourg and Paris are mostly mentioned in this context, sometimes Warsaw as well. Firstly, Frankfurt is already continental Europe’s main financial hub. In addition to national (Federal FinancialRead More →
Lump-sum deduction of 1.2% of the taxable value of all real estate For trade tax only, there is a lump-sum deduction of 1.2% of the taxable value of all real estate owned by the taxpayer. This deduction partially compensates the charge to land tax, an annual tax levied by theRead More →
World Robust, broad-based global expansion. Synchronised growth across regions and economies, in many cases at above-trend levels. We expect global growth to accelerate to +3.9% this year, marginally above 2017, as fundamentals remain supportive. We expect the US and eurozone to continue growing above potential, but do not anticipate anyRead More →
Exports benefit from acceleration of global trade The German export momentum has picked up considerably since the end of 2016 on the back of the increase in global trade. However, the euro appreciation dampened demand, in particular from Anglo-Saxon industrial countries. Most export growth models assume long-term export elasticities ofRead More →
Resources to report corruption Resources to report corruption: Contact at government agency There is no central government anti-corruption agency in Germany. Contact at “watchdog” organization NAME: Prof. Dr. Edda Müller TITLE: Chair ORGANIZATION: Transparency International Germany ADDRESS: Alte Schönhauser Str. 44, 10119 Berlin TELEPHONE NUMBER: +49 30 549 898 0Read More →
“Supplier” with a focussed product Positioning as a “supplier” with a focussed product offering To become a supplier (i.e. Providing a basic service or a specific activity in the value chain) in the evolution scenario, both local and multi-regional banks will have to move towards offering a focussed product andRead More →
Non-resident corporations, the tax treatment of certain types of income For non-resident corporations, the tax treatment of certain types of income depends on whether the tax is levied via a fling and assessment procedure (the case e. G. For business income derived through a permanent establishment, income from agri- cultureRead More →
Funding divesity Already, there is wall of money that uses non-financial factors to discriminate among stocks. One of the highest-profle examples is Norway’s trillion-dollar sovereign wealth fund, the world’s biggest. It maintains a list of companies that are excluded from its investments due to various non-financial factors , true financialRead More →
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