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.
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.
The status report provides an insight into the business situation and the challenges facing the industry in its international business.