Reducing double taxation through practice-driven solutions
In many instances, members of the VDMA Large Industrial Plant Manufacturers` Group operate in countries which have not concluded a double taxation agreement (DTA) with Germany.
Risk of double taxation increases
The cross-border activities of large plant manufacturers continue to carry substantial risks, particularly with regard to issues such as permanent establishments and transfer prices.
The status report provides an insight into the business situation and the challenges facing the industry in its international business.