Politics Law Society 

FG DĂĽsseldorf: Demolition of inherited family home may retrospectively give rise to estate tax

FG DĂĽsseldorf: Demolition of inherited family home may retrospectively give rise to estate tax The demolition of your parent”s home post-inheritance may lead to a retrospective loss of tax-exempt status. That was the verdict of the Finanzgericht (FG) DĂĽsseldorf – the Fiscal Court of DĂĽsseldorf – in a judgment from January 8, 2020 (Az.: 4 K 3120/18 Erb). Children who inherit real estate from their parents can receive an exemption from estate tax even if they go over their personal tax allowance of 400,000 euros. We at the commercial law…

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Politics Law Society 

Josip Heit on G999: “Criticism on the merits can be discussed, defamation is reported

Criticism is understood to be the assessment on the basis of standards. In addition to the meaning of examining judgement and expressing it in appropriate words, criticism – especially in the verb form kritisieren as well as monierung, also denotes an objection or criticism, provided that criticism is conducted in the matter, this is part of our democracy: Defamation, on the other hand, in German criminal law means that someone makes defamatory allegations about a person even though they know that the allegations are untrue. According to §187 of the…

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it.mds 2.7.0 solution from itelligence achieves SAP® certification as a product integrated with SAP S/4HANA® and SAP S/4HANA Cloud

Horsens, Denmark, January 13, 2021 – itelligence announced today that its it.mds 2.7.0 solution has achieved SAP certification as a product integrated with SAP S/4HANA® and deployed on SAP S/4HANA Cloud, extended edition. The integration helps organizations to handle master data management within SAP S/4HANA more efficiently. it.mds 2.7.0 allows organizations to automate their master data maintenance processes by applying data dependencies between fields. Secondly, the solution applies master data governance principles to every field, controlling maintenance rights and providing workflow support. Lastly, simplification measures are applied to the user…

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English Press Releases 

M-Files Secures EUR67 Million Growth Investment Led by Bregal Milestone

The manufacturer of the content services platform M-Files focuses on accelerating international growth and innovations in product development, AI and the cloud platform. Reading, UK, Jan. 12th, 2021 – M-Files Corporation, the intelligent information management company, today announced, that it has received a strategic investment of EUR67 million. Bregal Milestone, a European growth capital firm, led the round with current investors Partech, Tesi and Draper Esprit also participating. M-Files provides an intelligent, repository neutral platform that utilises metadata and artificial intelligence (AI) to break down information silos and unify systems,…

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Real Estate 

Shared offices and coworking spaces in Switzerland

See all the coworking spaces in your city Click directly on your region Coworking is a new trend, especially for startups, the liberal professions and the self-employed. It offers modern office equipment, full flexibility and the possibility of making valuable personal and professional contacts. Coworking in Switzerland is a great way to increase productivity, save money and build new business relationships. MatchOffice.ch – your guide to a premium coworking space in Switzerland With many years of experience in commercial real estate, MatchOffice can always help you find the most optimal…

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Science Research Technology 

Laboratory SaaS provider Labforward closes Series-B

Berlin, 01/08/2020: Labforward raises >5m in a Series B financing round to build the connectivity platform for laboratories and to expand internationally. Tecan, a leading global provider of laboratory instruments and solutions for life science research and clinical diagnostics is leading the round. Labforward has closed a new financing round. The laboratory equipment manufacturers Tecan and 2mag as well as existing investor Peppermint Venture Partners are investing more than EUR 5 million in the laboratory software company with headquarters in Berlin. Laboratories face the challenge of having to work with…

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Politics Law Society 

COVID-19 – Rent reduction in response to lockdown

COVID-19 – Rent reduction in response to lockdown The return to a state of lockdown has hit many businesses and entrepreneurs hard. Meanwhile, the courts are arriving at different conclusions regarding whether government-mandated business closures justify rent reductions. The period in the run up to Christmas saw the metaphorical lights go out in a lot of pedestrian zones and at many businesses, many of which have had to close due to the latest lockdown in response to the coronavirus pandemic. While businesses have experienced a drop in income during what…

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Medicine Wellness Health 

CANKADO’s Digital Health Solution Assists a New Clinical Trial, ADAPTlate

This oncologic clinical trial evaluates the efficacy and safety of the CDK 4/6 Inhibitor Abemaciclib in combination with endocrine therapy in high-risk early breast cancer patients Cologne, Germany, 07.01.2021 – CANKADO, the leading digital health application developers in Germany, assists the recently started clinical trial, ADAPTlate, organized by West German Study Group (WSG) to collect the Patient Reported Outcomes (PROs) by the CANKADO ePRO tool. The clinical trial already enrolled the first patients who are using the CANKADO e-Health system as part of the study to monitor their Quality of…

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Business Economy Finances 

Rhotex Inc.’s Algorithm Solutions Integrate World-Class Hardware and Software Technologies

TORONTO, ON / ACCESSWIRE / January 6, 2021 / Rhotex Inc., a leading provider of cryptocurrency mining solutions, announces its latest product line, developed through the integration of its world-class hardware and software technologies. Rhotex offers the first factory design cooling case that keeps mining operations working perfectly, while consuming less power versus output performance. The design of Rhotex Inc. miners allows for cooling systems to be built within the case. Keeping temperatures down ensures that the machine runs smoothly, consistently, and at peak efficiency. The Rhotex Inc. product line…

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Politics Law Society 

Transfer of shares from company to private hands not an acquisition

Transfer of shares from company to private hands not an acquisition If shares that were acquired prior to 2009 are transferred from company to private hands and later sold, the profits are not to be treated as taxable income from capital investments according to the Finanzgericht (FG) MĂĽnster, the Fiscal Court of MĂĽnster. On January 1, 2009, a flat rate withholding tax (Abgeltungssteuer) was introduced in Germany. A transfer of shares acquired prior to this cutoff date from company to private hands does not amount to an acquisition of shares.…

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