Education

Germany’s tax system is progressive, meaning that individuals pay higher tax rates as their income increases. The 42% tax rate applies to individuals with high incomes, specifically those earning more…

VAT, or Value Added Tax, at a 5% rate is typically applied to specific goods and services as determined by national tax regulations. This reduced VAT rate is often used…

A business typically pays several types of taxes, which can vary based on its location, size, and industry. Understanding these taxes is crucial for compliance and financial planning. Here’s a…

When you buy a percentage of a company, you essentially acquire a share of ownership in that business. This ownership entitles you to a portion of the company’s profits and,…

How Much Power Does a Majority Shareholder Have? A majority shareholder holds significant power and influence over a company due to owning more than 50% of its shares. This position…

A 25% shareholder generally cannot block a special resolution, as special resolutions typically require a 75% majority vote to pass. However, the specifics can vary based on the company’s articles…