Klaus D. Hahne, Steuerberater

Klaus D. Hahne is economist, certified German tax advisor (Steuerberater) and Counsel in the Tax department of ALLEN & OVERY LLP. Frankfurt am Main.

Before joining ALLEN & OVERY Klaus was Partner of ERNST & YOUNG, Financial Services Organisation Tax in Eschborn/Frankfurt  and deputy head of Tax at HSH Nordbank AG for several years. He began his career in the Financial Services Tax department of other BIG-4 accounting firms in Duesseldorf.

Klaus D. Hahne has many years of practical experience in special issues regarding the taxation of banks and financial services companies and the accounting treatment and taxation of financial instruments. His activities focus on the following:

• The accounting treatment of financial instruments (in particular accounting for derivatives and valuation units)
• Calculation of tax items in the financial statements of banks (including deferred taxes according to German GAAP and IFRSs/IASs) 
• Specific issues pertaining to national and international income taxation of banks 
• Application of the interest limitation rule in accordance with Sec. 4h EStG [“Einkommensteuergesetz”: German Income Tax Act] and the avoidance of harmful shareholder loans
• Structuring of investments with tax-free investment income 
• Tax-optimised corporate financing 
• Performance of tax due diligence reviews at banks 
• International aspects of business taxation (including developments in European law) 
• Special aspects of trade tax for banks 
• Levying VAT for banks and financial services companies 
• Input tax deduction for banks including optimization 
• VAT liability risks for banks 
• Taxation of investment income and financial products 
• Introduction of final withholding tax 
• Tax on investment income/withholding tax on interest

Klaus D. Hahne is author of numerous specialist papers on tax issues and gives regular lectures on different tax topics. He is head of the management learning courses “Taxation of banks” and “Tax-optimised corporate financing” (EUROFORUM-Verlag) as well as “Management knowledge on corporate taxation” (Management Circle Verlag), member of the programme advisory council of the Akademie für Fortbildung Heidelberg GmbH and expert advisory council member for “Banken-Times” of Finanz Colloquium Heidelberg. He is also editor and co-author of the book “Die Umsatzsteuer in Kreditinstituten” (VAT for banks).

For more information about Klaus D. Hahne and his work, please visit www.bank-tax.de.