tax

Prince estate undervalued by $80million, US tax agency claims

The US tax agency has valued Prince‘s estate at 50 per cent higher than proposed by the administrator, causing more legal trouble for the estate’s settlement. As reported by the Star Tribune, the Internal Revenue Service has valued Prince’s estate at £119.4million (US$163.2million), significantly...

German Court Rules Techno Is Indeed Music, Giving Clubs Major Tax Break

Clubs around the world have been hit hard by the coronavirus (COVID-19) pandemic — but a new court ruling could save German nightlife. It might sound strange, and rather.

German court rules that techno is music, meaning clubs receive tax break

A German court has ruled that techno is in fact a genre of music, meaning clubs will receive a tax break on ticket sales. Nightclubs in Germany have, until.