Due to delays, in particular as a result of the ruling by the Federal Constitutional Court (BVerfG) of November 15, 2023, selected tax changes are now to be included in the Act on the Promotion of Orderly Secondary Credit Markets and on the Implementation of Directive (EU) 2021/2167 on Credit Service Providers and Credit Purchasers and on the Amendment of Other Provisions of Financial Law (Secondary Credit Market Promotion Act – Kreditzweitmarktförderungsgesetz) on very short notice.
Below we provide an overview of significant developments and changes to tax regulations as well as the current status of the legislative process (at the time of publication).
