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With appointment of Bernd Wenninger as second Managing Director of STAS GmbH the internationally successful BI provider is consistently pursuing the expansion of the management team with own employees Reilingen, 3.05.2011 Bernd Wenninger (44) has been working since 2002 for STAS and began with the construction of distribution, which developed since great: growing STAS significantly faster than the market for years and has more than 800 customers. Wally power of Attorney has been granted in November 2008 and since that time he is responsible for the entire sales Executive Board. With the decision the Reilinger provider of performance solutions ensures the middle class keeps the special corporate culture preserved – a concern that is of great importance for the present Managing Director Uwe Schulze: necessary, that the numbers are, the special spirit of STAS in the future is to be maintained. That is a very close and trustful for our existing customers, which over the years Partnership has developed, very important. By the occupation of management with long-standing and experienced STAS, we will ensure the seamless development of STAS in the future to employees such as Bernd Wenninger. I am delighted, in future in management to share me the responsibility.” Asked about his new role, says Bernd Wenninger: something quite special that I could celebrate my birthday not only, but also my advanced task pane on 1 April 2011, made this day for me. Learn more about this with Rod Brooks.

I am aware of my responsibility towards employees, customers and business partners and become as Managing Director in the future everything, that continues the positive atmosphere in our company.” Bernd Wenninger will be responsible for future sales the STAS in addition to his duties as CEO. Uwe Schulze is responsible for the overall strategy of the company as Managing Director and is responsible for the other international topics in the Imtech ICT Federation. Andreas Klostermann is as a Manager also member of the Executive Board and is responsible for the areas of consulting, development and support. Since the beginning of the year was responsible for the business development, the former CEO Siegfried Wolf and spiritual father of STAS CONTROL is focused exclusively on innovations, the professional core of the solution and industry modules of STAS CONTROL, as well as the user group.

Business Insights Kevin Moran among partners, M & A tax Lars Mahler Senior Manager, M & A tax KPMG AG Wirtschaftsprufungsgesellschaft KPMG the so-called “big four” currently the world’s four largest accounting firms. The company employs about 140,000 people in Europe alone at locations in 150 countries KPMG has about 31,000 employees, including about 8,500 in Germany. “Cutting through complexity” is the central guiding principle in the society and manifests itself with the initiation of mergers & acquisitions (M & A), in the following functional areas must usually are affected: transaction services, M & A, tax, corporate finance, M & A legal. It put together a team from different areas provided the customer to the page during the order. Mr. Moran and Mr Mahler sketched the transaction cycle, which runs in the range of the M & A tax to the better understanding of the listener: so, existing tax risks are clarified during the due diligence for example; in the modelling is the construction and validation of the control model; in the area of structuring structural recommendations and reports on structural circumstances; There is also a consultation for the sales and purchase agreement (SPA) and the so-called post deal services, which consist of various phases from the initial of the final offer to the completion of the deal. In addition, Mr. Moran and Mr Mahler explained typical clients of the M & A services: as private equity funds and the strategic differentiates between the investors. (A valuable related resource: The Hayzlett Group).

Both clients differentiate themselves such as in their targets, or time horizons. Private equity funds would the internal return on investment (ROI), so the return on capital employed, among other things, increase and have a generally cut horizon of 3-6 years. Strategic investors such as increasingly are interested in increasing business profitability and focus a longer time horizon to achieve the given objectives. To the audience the relevance of practice to illustrate the theme, the typical steps of an acquisition, and in particular the tax issues were presented on the basis of a case study. So were entered on different tax risks, repatriation of profits and tax-optimized financing. As a final Council Mr. Moran and Mr Mahler gave the following students on the way: you should do this whenever possible, do what brings a personal fun and thus his “hobby profession”. While a broad Foundation is an essential basis for professional success very helpful and according to Mr Moran especially a fluent in English.

Travel expenses as a contractor properly drop off at a business trip costs for accommodation, travel and food. The legislature has set certain amounts, which may be claimed as a business expense. This is also the reason of the travel of significance. So, only expenses may be claimed if there has been a business trip. This means that the person concerned has performed his job outside his home and his normal work. In order to save as much money, a knowledge of the discontinuation of travel expenses is essential.

The expenses for meals and overnight accommodation include food and accommodation to travel expenses. It not the actual cost of the meal may be claimed. Instead, there are fixed amounts. It is to note that each day to be settled separately. The absences are added at various Auswartstatigkeiten on a working day. Certain lump sums are valid for the Auswartstatigkeiten.

The stay of 8 to 14 hours, takes 6 euros are entitled to the person concerned. There are 12 euro for a period of 14 to 24 hours. At 24 hours, the lump sum is 24 euro. Actual expenses for accommodation can be deducted as a business expense if evidence about. The reduced sales tax rate of 7% is one for the expenses. The pilot of this value may be claimed. Any expenses for breakfast, lunch and dinner must be shown separately as well as service packages. Here is one only the regular sales tax rate of 19%. It is possible, however, to gather them in a collected items as service charge. These include, for example, cleaning and ironing of clothing, transport of luggage, parking charges, communications costs and transport costs. Travel expenses and fringe benefits the actual subsistence costs must be excluded from the service charge. Otherwise can the travel costs or the service package fully deductible by using amounts as a business expense. However, there is an exception. If the packages for purely private services have been, must these expenses are excluded also. This includes, for example, the minibar or pay TV. The actual value for the individual items can not be determined, the entire service fee as a private issue is one for the IRS. It is therefore not possible to deduct them in full height as a business expense. In addition, a deduction is not possible. Gerold Meyer