Tax Exemption Offers Relief in the German Restructuring Market

German legislator finally introduces tax exemption for income resulting from debt waivers in restructuring scenarios with retroactive effect.

Filed under:
Germany, Insolvency & Restructuring, Tax, Latham & Watkins LLP, Tax exemption, Debtor, Waiver, Limited liability partnership
Authors:
Thomas Fox , Tobias Klass , Hendrik Hauke , Frank Grell , Jörn Kowalewski , Tim Nobereit
Location:
Germany
Firm:
Latham & Watkins LLP