BRÈVE

sur Logwin AG (isin : LU0106198319)

Logwin AG Receives Tax Relief Approval for German Investors on 2023 Distribution

Logwin AG, a logistics and transport company, announced that they received a positive decision from the German Federal Central Tax Office on their application regarding the 2023 distribution. Submitted in October 2023, the application sought to classify the distribution as a 'retribution of additional capital contribution' under Section 27 (8) of the German Corporate Income Tax Act. This classification, now approved, could potentially exempt the distribution from German taxation for shareholders residing in Germany, contingent upon meeting further legal conditions.

This development simplifies matters for German residents who own shares in Logwin AG, yet the final tax treatment in Luxembourg regarding distributions from 2019 to 2023 remains undecided. Shareholders are encouraged to consult their tax advisors to understand personal tax impacts better. Logwin AG also emphasized that this announcement does not constitute tax advice and that shareholders should consider their circumstances individually.

R. H.

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