Politics Law Society 

BFH rules on recognition of stock losses for tax purposes

BFH rules on recognition of stock losses for tax purposes Losses from shares in companies facing insolvency can be claimed against tax from the point in time when the shares are written off the securities account. That was the verdict of the Bundesfinanzhof (BFH), Germany”s Federal Fiscal Court (Az.: VIII R 20/18). The Bundesfinanzhof has delivered an important ruling on losses from shares in companies facing insolvency. We at the commercial law firm MTR Rechtsanwälte can report that, according to the court”s judgment from November 17, 2020, if the bank…

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Politics Law Society 

The UN as a World State – A Real Vision for the Future?

For centuries philosophers have been debating whether it would not be better to live and act as a global community in a united world state. The current challenges in particular are too complex for the nation states to be able to master on their own. Sascha Wenzel approaches the debates about a world state in ” The planetary climate crisis as an opportunity to establish a legitimate world state by 2050” from different perspectives. His book was published at GRIN in April 2021. Although people are aware that they will…

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Politics Law Society 

Finanzgericht DĂĽsseldorf: No tax exemption for flat-rate bonuses

Finanzgericht DĂĽsseldorf: No tax exemption for flat-rate bonuses Bonuses for night work and working on Sundays are only tax exempt if they are awarded on an individual and not a flat-rate basis. That was the verdict of the Finanzgericht (FG) DĂĽsseldorf – the Fiscal court of DĂĽsseldorf – in a judgment from November 27, 2020. Those who work nights or on Sundays and holidays are often rewarded with bonuses from their employer. However, according to a ruling of the Finanzgericht DĂĽsseldorf from November 27, 2020, it is important to make…

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Politics Law Society 

V999, Osint Group, Rainer von Holst and the connection to Harald Seiz, what about the Karatbars “Gold?”

If fraud and abuse of title (also called imposture) knows no bounds due to a lack of awareness of injustice, then one can call oneself a US lawyer and US notary public in hiding and living illegally in the United States of America (USA), as Rainer von Holst alias Jan Faber or Dr. Peter Klein, among others, demonstrably did recently in an e-mail to a news agency in the Federal Republic of Germany. It is a fact that the allegedly gold-backed V999 Coin cannot have an “auditor” with the name…

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Politics Law Society 

Indications of origin: Black Forest ham need not be sliced in the Black Forest

Indications of origin: Black Forest ham need not be sliced in the Black Forest Black Forest ham (Schwarzwälder Schinken) may be referred to as such even if it is not sliced and packaged in the Black Forest. That was the verdict of the Bundesgerichtshof (BGH), Germany”s Federal Supreme Court (Az.: I ZB 72/19). Geographical indications of origin can be protected in a similar manner to trademarks, something which can prove to be particularly important because of consumers associating a certain level of quality with a product”s geographical origin in some…

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Politics Law Society 

LAG DĂĽsseldorf: Short-time workers on zero hours do not accumulate vacation leave

LAG DĂĽsseldorf: Short-time workers on zero hours do not accumulate vacation leave Short-time working – Kurzarbeit in German – refers to a government scheme that allows businesses experiencing economic difficulties to temporarily reduce their employees” working hours, with the state making up for all or part of the lost wages. Many firms have had recourse to this program for reasons related to COVID-19. The Landesarbeitsgericht (LAG) DĂĽsseldorf – the Regional Labor Court of DĂĽsseldorf – has now ruled that short-time work also entails a reduced entitlement to vacation leave (Az.…

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Politics Law Society 

Mike Schubert (SPD) and Dietmar Woidke (SPD), 517 days no transport for disabled child in Potsdam

We recently reported on the case of a severely disabled toddler who has not been receiving day care at the Hertha Schulz House since 6 November 2020, which is now a full 23 weeks, the legal entity of which is the Oberlin Lebenswelten / Oberlinhaus association. No day care for a full 23 weeks, despite the existing legal entitlement issued by the Kita-Tipp of the Brandenburg state capital Potsdam and despite an existing contract between the city of Potsdam, the Hertha-Schulz-Haus and the parents of the severely disabled child. Until…

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Politics Law Society 

GSB Gold Standard Corporate: Josip Heit interviewed on the coronavirus pandemic and the hope for summer holidays in 2021

Interview with Josip Heit on the coronavirus pandemic in Detschland and summer holidays in 2021 While the top German leaders, including Federal President Frank-Walter Steinmeier (65), Federal Chancellor Angela Merkel (66, CDU), Bundestag President Wolfgang Schäuble (78, CDU), Bundesrat President Reiner Haseloff (67, CDU) and the President of the Federal Constitutional Court, Stephan Harbarth (49), yesterday, Sunday, 18. As they commemorated those who died in the coronavirus pandemic at an ecumenical service in Berlin’s Kaiser Wilhelm Memorial Church on Sunday, 18 April 2021, millions of German citizens fear that they…

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Politics Law Society 

Greensill Bank: Customers unable to access their money – BaFin orders moratorium

Greensill Bank: Customers unable to access their money – BaFin orders moratorium The Bundesanstalt fĂĽr Finanzdienstleistungsaufischt (BaFin) – Germany”s Federal Financial Supervisory Authority – has closed down Greensill Bank”s business operations with its customers and filed criminal charges. Private investors as well as institutional investors and municipalities fear losing their money at the bank. Greensill Bank was acquired by the British-Australian financial conglomerate Greensill Capital in 2014, with the parent company currently experiencing serious economic difficulties. According to media reports, an application for bankruptcy protection has already been submitted a…

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Politics Law Society 

BaFin determines that compensation is payable to depositors of insolvent Greensill Bank

BaFin determines that compensation is payable to depositors of insolvent Greensill Bank As was to be expected, the Bundesanstalt fĂĽr Finanzdienstleistungsaufischt (BaFin) – Germany”s Federal Financial Supervisory Authority – has determined that compensation is payable to Greensill Bank”s depositors, as the bank is no longer able to repay all of its customers” deposits. Insolvency proceedings have also been initiated against the bank with the Amtsgericht Bremen, the District Court of Bremen (508 IN 6/21). After ordering a moratorium on Greensill Bank and freezing the accounts, it was to be expected…

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