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CAFM-Blog.de | How D&O Insurance Can Save Your Career as a Manager

How D&O Insurance Can Save Your Career as a Manager

It has become clear not only since the start of the proceedings against Markus Braun (ex-CEO of Wirecard) that managers are constantly exposed to a variety of risks. These risks can affect not only the company but also lead to personal liability claims against the executives themselves. It is therefore essential to deal with D&O insurance (Directors and Officers Insurance). This special liability insurance protects managers from financial damages caused by wrong decisions or breaches of duty during the performance of their professional activities [...]

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CAFM-Blog.de | What You Need to Know About Trade Tax

What You Need to Know About Trade Tax

Trade tax is a municipal tax levied by companies and self-employed individuals on their trade income. It represents a significant source of revenue for municipalities and is used to finance local infrastructure and public services. The calculation is based on 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 assessment of trade tax lies with...

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