Earlier this year, Deputy Commissioner for Private Wealth, Louisa Clarke did not shy away from stating “Trusts will also continue to be a key focus area for us. In 2025, we’ll be continuing to raise awareness about family trust distributions tax and how it applies to distributions made outside the family group.”

Discover how Hong Kong's Inward Re-Domiciliation Regime affects the Indirect Transfer under China tax rules

Disguised employment (“Scheinselbstständigkeit”) remains a persistent issue in the German labor market. This is reflected not only in the growing number of solo self-employed individuals, but also in the increasing scrutiny by German tax and social security authorities. Disguised employment refers to situations where individuals are formally engaged as independent contractors or freelancers but, in practice, perform their work under conditions similar to those of regular employees. Thus, understanding the complexities of German tax and social security rules on disguised employments is crucial in M&A deals, as this can often lead to compliance risks and significant financial exposure for the buyer.

The Honourable Stephen Mullighan MP, Treasurer of South Australia, delivered the 2025-26 South Australian budget on 5 June 2025 (the Budget).