Supervisory Board Service and VAT: Will Change in Jurisprudence Impact PE Advisory Boards?

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Überblick


A supervisory board is a body that is entrusted by the company’s articles of association with supervision of the company’s management. Yet, under German tax law, service as a member of a supervisory board is regarded as self-employed activity for income tax purposes, in addition to any income generated from self-employed/independent activities. Will change in jurisprudence impact PE advisory boards?