Accounting Law Amendment Act 2014 (RÄG 2014) passed

In KI 12/14, we discussed the Government bill reports on the RÄG 2014. It has now been 13.1.2015 the RÄG in the Federal Law Gazette I 22/2015 published. With the RÄG 2014, on the one hand EU accounting-specific requirements to be implemented, on the other hand, another objective is to to align with corporate and tax law provisions. Affected are limited liability companies and public limited companies, as well as capitalistic partnerships (GmbH & Co KG). Compared to the government's draft, in addition to correcting editorial errors, there have been some Minor changes result

The Catch-up payment as a result of the now Allocation obligation at Financial investments (upon the cessation of the reasons for a previously made extraordinary depreciation) can - if tax-related a provision is made - by the inclusion of a Accrued expense distributed become.

The possibility of Distribution of profit-increasing catch-up payments at the latest five years applies not only to the release of provisions but also to the Approach from Deferred tax assets from the first application of the new provisions relating to this. Furthermore, the Clarification recorded that the resolution of the demarcation item already with the transitional year 2016 to begin Hat.

The RÄG 2014 is predominantly intended to be with 20.7.2015 come into effect and shall apply for the first time to financial years commencing on or after 31.12.2015 To begin.

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