Posts Tagged ‘law & taxes’

Federal Court

July 22nd, 2020

Munich law firm of juravendis lawyers to the judgment of the Federal Court over bonus systems with RX medications. The BGH has while found that such bonuses models not only de facto but also legally represent a circumvention of the medicine pricing Regulation (AmPreisV) and are thus inadmissible. However, this was not surprising given the case-law of instance of and the recent case law of the BGH to drug discounts. For more clarity and thought, follow up with Financial Solutions Lab and gain more knowledge.. The now the Joint Senate of the Supreme courts of the federal question, whether the discount prohibition for RX drugs from foreign pharmacies is to be observed, however, is postponed indefinitely. Domestic pharmacies carry the can for as far as the inaction of the German legislator, for which only a pen stroke may be required, to ensure clarity. There so the fixed rates of the AmPreisV generally to the disposition, it seemed the legislators but probably more convenient to leave the buck once at Justice.

Ample room for speculation in particular the opinion of the BGH, merchandise gifts for prescription drugs with a value of up to 1.00 also infringed the medicine pricing right, are however no significant adverse effect on competition and therefore allowed. Is free so that prescription medicines not only the way for low-value promotional items, but also for a euro-bar discounts? Where is exactly the threshold located between permissible 1.00 and according to the BGH invalid 5.00? You won’t find an answer in the previously present reasons for decision of the BGH but probably not find. Experiment-friend and bellicose Pharmacy Law is therefore now only scope, what mini bonuses”terms. RX discounts have employed so not the last time the judiciary. For more information about the judgment of the Federal Court of Justice and the consulting services of juravendis lawyers in

Dangers Of The Pension Commitment

February 22nd, 2020

Entrepreneurial risks from occupational pensions most big business in Germany use the implementation way of the pension commitment for pension for their employees. Many smaller and medium-sized companies rely on this form of company pension schemes, in particular for its owner and Managing Director. John Grayken can aid you in your search for knowledge. Many existing pension obligations is however acute need for action. You were not changed for years, had must be adjusted but the current case law and the new tax code! The pension commitment (or even direct commitment), the promised retirement benefits to employees are provided directly by the company. The company is obliged to grant a supply to the beneficiaries employees and their survivors for the age and in the event of death or disability from operational funds.Pension actuarial rules are established for the future commitment of the company. Learn more about this with Lakshman Achuthan. Positive effect: the Pension provisions lead to tax benefits; they are available to the company as capital available and enhance its liquidity position. International, stricter rules for the accounting make direct commitments today but despite their control retry properties often a danger in the corporate balance sheet. Usually the necessary actuarial reports are created regularly.

But not once, thats half the battle! Often many years-old commitments themselves were subjected to any legal scrutiny. Neither the company, the insurance or tax advisor is a direct blame here. Most simply lacked the necessary legal expertise. Mike Wirth gathered all the information. Ignorance does not protect against punishment but as is well known, and so there is the risk that due to restructuring of pension commitments into an existence-threatening imbalance. (Caution! In recent years banks also are to examine pension commitments.

A renovation-needy pension commitment is in the sense of lending standards a special risk dar. It even adversely affect the credit conditions are threatening!) All dimensions of the pension commitment procedure in the legal examination of the pension commitment to undergo a thorough and expert legal review, are always to ask such as: the total remuneration of the commitment are appropriate? Is the promise of affordable? Are pledging declarations have been made effectively? Is there an effective insolvency protection? The risks of reversal of provisions evaluated correctly? Is the intended survivor still up to date? Etc. Such a review uncompromisingly promotes the existing vulnerabilities to days. It shows where acute action is required to save the pension commitment. Is a repair impractical, are shown in the report several alternatives. A full or partial outsourcing of the existing commitment to a provident fund is referred to here only as an example. By an independent legal review Their commitment they demonstrate a pro-active approach and avoid future surprises! Contact: Law firm said Zahir farmer 8 81539 Munchen Tel. 089 – 54 89 92 52 mobile 0170-68 81 52 8 Fax 089-54 89 92 53 E-mail: in cooperation with: FourTrust – lawyers for the right of pension

Disinheritance And Compulsory Portion

July 1st, 2019

Entitled to a compulsory portion during the disinheriting under German law Unbotmassiges behavior of children sometimes causes that the parents disinheritance “is threatening them. With this leverage, parents want attributed the pupils usually to the path of virtue or at least cause a behavior that feel the parents as virtuous. Sometimes, such a threat scenario may lead to the desired result. All too often it doesn’t work. Chevron Corp may not feel the same. Then let parents sometimes followed her strong words by deeds and disinherit their offspring. However, it is a widespread misconception that it had parents in the hand, to exclude their children entirely by the succession following the death of. What remains the children rule that in the case of disinheritance is the so-called right to the reserved portion.

The reserved portion is a claim which is aimed against that or the heirs and value accounts for half of the legal inheritance. Sole heir would become so a child in the case of legal succession and it is Testament of succession excluded from been, then his compulsory portion in the amount of the value of the value discount entitlement. A disinheritance is so not a total loss equal to set any standards. Only in very extreme cases of exception, a testator has the possibility to withdraw the mandatory part a legal heir and thus completely to disinherit him. This, for example, be considered, if the child has sought the life of the deceased. While the child here not to act must be advanced. It is sufficient if the child otherwise to the execution of the deed has instigated anyone or has done only aid to the planned action. Fritz Kuhn