2 ms·
Germany has CFC & management and control rules. Those LLCs are treated as german companies in the eyes of the Finanszamt if their UBO (Ultimate Beneficiary Owne
by redrove 3y ago
Germany has CFC & management and control rules. Those LLCs are treated as german companies in the eyes of the Finanszamt if their UBO (Ultimate Beneficiary Owner) has a german tax residency and is managing the company from germany.
Sorry to be the one to break it to you but essentially they're all committing tax fraud.