Restriktivere Anwendung der deutschen Besteuerung ausländischer Familienstiftungen durch den neuen dAStG-Anwendungserlass?

With the German Foreign Tax Act (GFTA) Application Decree of December 22^nd, 2023, the German tax authorities disclosed their understanding of the taxation of foreign family foundations under sec 15 GFTA in great detail. Against this backdrop, this article first provides a brief overview of the key provisions on sec 15 GFTA. Based on that, the practical implications of the new decree for the German taxation of foreign family foundations are revealed.