The session targeted individuals and organizations involved in transatlantic business, employment, or private investments, focusing on the complex tax issues that can arise in German-US cross-border activities. Key challenges covered included divergent tax systems, differing reporting requirements, and the risk of double taxation.
During the webinar, RSM Ebner Stolz’s International Tax experts shared their insights through a practical overview of the central disparities in the tax systems of Germany and the USA. They highlighted not just technical differences but also pointed out typical risk areas and specific pitfalls that participants should be aware of in their cross-border activities.
Key Takeaways
- Participants gained a well-rounded, practical overview of central differences between German and US tax systems, which broadened their awareness for issues that deserve special attention with regard to cross-border activities.
- Attendees learned that it is crucial to identify and address typical risk areas and pitfalls early in order to avoid costly consequences.
- Among the topics addressed were tax residency rules for private individuals and the challenges of cross-border investments, inheritance, and trusts.
- Moreover, the webinar gave insight into practical aspects regarding founding entities and structuring business presence in the USA.
- In addition, an overview was provided of topics that are particularly relevant for corporate groups with business activities in both Germany and the USA. These included, for example, Pillar II, Public Country-by-Country Reporting (PCbCR), and Transfer Pricing.
Speakers
- Nadja Litsch, Certified Tax Advisor, Certified Advisor in International Taxation, and Partner at RSM Ebner Stolz in Stuttgart
- Svenja Lindtner, Certified Tax Advisor and Senior Manager at RSM Ebner Stolz in Karlsruhe
