Phase-aligned recognition of a minority shareholder’s compensation claim from a tax group
Tax accounts lawPhase-aligned recognition of a minority shareholder’s compensation claim from a tax group
Torben Schlitt is a tax adviser and a Partner at the Grant Thornton office in Düsseldorf. He has more than 15 years of experience in advising international companies and groups on income tax.
Before working for Grant Thornton, he spent five years at the corporate tax team of one of the Big Four and worked as an in-house tax consultant in the group tax department of a German MDAX listed industrial company for two years.
Torben Schlitt provides tax advisory services to national and international clients in many different industries for all corporate and group tax issues. He specialises on advice for tax planning and structuring and on transaction tax law.
Phase-aligned recognition of a minority shareholder’s compensation claim from a tax group
On 11 March 2025 the Council reached an agreement on the exchange of information for GloBE Information Returns (GIR) for companies affected by Pillar Two. This is designed to create a Union-wide basis for the automatic exchange of information on GloBE Information Returns. For companies with Pillar Two duties, this means that in future they will be able to file their GIR centrally in only one member state. DAC9 thereby provides a substantial simplifica-tion for multinational and large German groups of companies that fall under the German Mini-mum Tax Act (MinStG).
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