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How D&O insurance can save your career as a manager

2 December 2024

Not only since the start of the trial against Markus Braun (ex-CEO of Wirecard) has it become clear that managers are constantly exposed to a variety of risks. These risks can affect not only the company, but also personal liability claims against the managers themselves. It is therefore essential to look into D&O insurance (Directors and Officers insurance). This special liability insurance protects managers against financial losses caused by wrong decisions or breaches of duty in the course of their professional activities [...].

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What you need to know about trade tax

Trade tax is a municipal tax paid by companies and the self-employed on their trade income. It is an important source of income for municipalities and is used to finance local infrastructure and public services. It is calculated on the basis of trade income, which is derived from company profits. The trade tax rate is set individually by each municipality and usually varies between 200% and 500%. As a municipal tax, the collection and determination of trade tax is the responsibility of