{"id":43794,"date":"2021-12-08T15:16:06","date_gmt":"2021-12-08T13:16:06","guid":{"rendered":"https:\/\/newserver.fyb.de\/produkt\/current-tax-non-developments-in-private-equity-and-venture-capital-funds-little-flowing-in-the-right-direction\/"},"modified":"2021-12-08T15:16:06","modified_gmt":"2021-12-08T13:16:06","slug":"current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction","status":"publish","type":"product","link":"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/","title":{"rendered":"Current tax (non-)developments in private equity and venture capital funds \u2014 little flowing in the right direction!"},"content":{"rendered":"

Dr. Chris\u00adtoph Ludwig<\/strong> \u2014 Tax Consul\u00adtant and Part\u00adner BLL Braun Leber\u00adfin\u00adger Ludwig Unger, Munich<\/p>\n

Thomas Unger<\/strong> \u2014 Tax Advi\u00adsor, Certi\u00adfied Public Accoun\u00adtant and Part\u00adner BLL Braun Leber\u00adfin\u00adger Ludwig Unger, Munich Mana\u00adging Direc\u00adtor of Private Equity Verwahr\u00adstelle GmbH<\/p>\n","protected":false},"excerpt":{"rendered":"

\u03a0\u03ac\u03bd\u03c4\u03b1 \u1fe5\u03b5\u1fd6 \u2014 Ever\u00ady\u00adthing flows!, was our opening state\u00adment in the FYB Finan\u00adcial Year\u00adbook 2020. The start\u00ading point was the fact that the taxa\u00adtion of private equity funds or the share\u00adhol\u00adders of private equity funds liable to tax in Germany had incre\u00adasingly and incre\u00adasingly become the focus of the tax autho\u00adri\u00adties. At the same time, very nota\u00adble and land\u00admark rulings had been issued by the fiscal courts at the time, inclu\u00adding Germany\u2019s highest fiscal court, the Fede\u00adral Fiscal Court (\u201cBFH\u201d). Today \u2014 2 years later \u2014 we are no longer so sure that ever\u00ady\u00adthing is actually flowing. Some things do not flow at all, which is tanta\u00admount to a standstill in the admi\u00adnis\u00adtra\u00adtion of justice \u2014 other deve\u00adlo\u00adp\u00adments flow in the abso\u00adlut\u00adely wrong direction.<\/strong><\/p>\n","protected":false},"featured_media":34268,"comment_status":"closed","ping_status":"closed","template":"","meta":{"wp_typography_post_enhancements_disabled":false},"product_brand":[],"product_cat":[2452,2454,2455,2460,2464],"product_tag":[1398,1417,1420],"class_list":{"0":"post-43794","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-ebook-en","7":"product_cat-dr-christoph-ludwig","8":"product_cat-authors","9":"product_cat-fyb-2022","10":"product_cat-thomas-unger-en","11":"product_tag-private-equity-funds","12":"product_tag-tax-liability","13":"product_tag-federal-fiscal-court","14":"pa_ausgabe-deutsch-en","15":"pa_ausgabe-englisch-en","17":"first","18":"instock","19":"taxable","20":"shipping-taxable","21":"purchasable","22":"product-type-variable"},"yoast_head":"\nCurrent tax (non-)developments in private equity and venture capital funds - little flowing in the right direction! - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Current tax (non-)developments in private equity and venture capital funds - little flowing in the right direction! - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"\u03a0\u03ac\u03bd\u03c4\u03b1 \u1fe5\u03b5\u1fd6 - Everything flows!, was our opening statement in the FYB Financial Yearbook 2020. The starting point was the fact that the taxation of private equity funds or the shareholders of private equity funds liable to tax in Germany had increasingly and increasingly become the focus of the tax authorities. At the same time, very notable and landmark rulings had been issued by the fiscal courts at the time, including Germany's highest fiscal court, the Federal Fiscal Court ("BFH"). Today - 2 years later - we are no longer so sure that everything is actually flowing. Some things do not flow at all, which is tantamount to a standstill in the administration of justice - other developments flow in the absolutely wrong direction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/\" \/>\n<meta property=\"og:site_name\" content=\"FYB Financial Yearbook\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fyb.de\/wp-content\/uploads\/2019\/12\/ludwig_unger.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/\",\"url\":\"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/\",\"name\":\"Current tax (non-)developments in private equity and venture capital funds - little flowing in the right direction! - FYB Financial Yearbook\",\"isPartOf\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2019\/12\/ludwig_unger.jpg\",\"datePublished\":\"2021-12-08T13:16:06+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/#primaryimage\",\"url\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2019\/12\/ludwig_unger.jpg\",\"contentUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2019\/12\/ludwig_unger.jpg\",\"width\":400,\"height\":400},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.fyb.de\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FYB Shop\",\"item\":\"https:\/\/www.fyb.de\/en\/shop\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Current tax (non-)developments in private equity and venture capital funds \u2014 little flowing in the right direction!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.fyb.de\/en\/#website\",\"url\":\"https:\/\/www.fyb.de\/en\/\",\"name\":\"FYB Financial Yearbook\",\"description\":\"For Your Business\",\"publisher\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.fyb.de\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.fyb.de\/en\/#organization\",\"name\":\"FYB Financial Yearbook\",\"url\":\"https:\/\/www.fyb.de\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg\",\"contentUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg\",\"caption\":\"FYB Financial Yearbook\"},\"image\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Current tax (non-)developments in private equity and venture capital funds - little flowing in the right direction! - FYB Financial Yearbook","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/","og_locale":"en_US","og_type":"article","og_title":"Current tax (non-)developments in private equity and venture capital funds - little flowing in the right direction! - FYB Financial Yearbook","og_description":"\u03a0\u03ac\u03bd\u03c4\u03b1 \u1fe5\u03b5\u1fd6 - Everything flows!, was our opening statement in the FYB Financial Yearbook 2020. The starting point was the fact that the taxation of private equity funds or the shareholders of private equity funds liable to tax in Germany had increasingly and increasingly become the focus of the tax authorities. At the same time, very notable and landmark rulings had been issued by the fiscal courts at the time, including Germany's highest fiscal court, the Federal Fiscal Court (\"BFH\"). Today - 2 years later - we are no longer so sure that everything is actually flowing. Some things do not flow at all, which is tantamount to a standstill in the administration of justice - other developments flow in the absolutely wrong direction.","og_url":"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/","og_site_name":"FYB Financial Yearbook","og_image":[{"width":400,"height":400,"url":"https:\/\/www.fyb.de\/wp-content\/uploads\/2019\/12\/ludwig_unger.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/","url":"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/","name":"Current tax (non-)developments in private equity and venture capital funds - little flowing in the right direction! - FYB Financial Yearbook","isPartOf":{"@id":"https:\/\/www.fyb.de\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/#primaryimage"},"image":{"@id":"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/#primaryimage"},"thumbnailUrl":"https:\/\/www.fyb.de\/wp-content\/uploads\/2019\/12\/ludwig_unger.jpg","datePublished":"2021-12-08T13:16:06+00:00","breadcrumb":{"@id":"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/#primaryimage","url":"https:\/\/www.fyb.de\/wp-content\/uploads\/2019\/12\/ludwig_unger.jpg","contentUrl":"https:\/\/www.fyb.de\/wp-content\/uploads\/2019\/12\/ludwig_unger.jpg","width":400,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.fyb.de\/en\/produkt\/current-tax-developments-in-private-equity-and-venture-capital-funds-little-flows-in-the-right-direction\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.fyb.de\/en\/"},{"@type":"ListItem","position":2,"name":"FYB Shop","item":"https:\/\/www.fyb.de\/en\/shop\/"},{"@type":"ListItem","position":3,"name":"Current tax (non-)developments in private equity and venture capital funds \u2014 little flowing in the right direction!"}]},{"@type":"WebSite","@id":"https:\/\/www.fyb.de\/en\/#website","url":"https:\/\/www.fyb.de\/en\/","name":"FYB Financial Yearbook","description":"For Your Business","publisher":{"@id":"https:\/\/www.fyb.de\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.fyb.de\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.fyb.de\/en\/#organization","name":"FYB Financial Yearbook","url":"https:\/\/www.fyb.de\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg","contentUrl":"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg","caption":"FYB Financial Yearbook"},"image":{"@id":"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/product\/43794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/comments?post=43794"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/media\/34268"}],"wp:attachment":[{"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/media?parent=43794"}],"wp:term":[{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/product_brand?post=43794"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/product_cat?post=43794"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/www.fyb.de\/en\/wp-json\/wp\/v2\/product_tag?post=43794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}