Tobias Klass

  • Partner
  • Etobias.klass@lw.com
  • Warburgstrasse 50
  • 20354 Hamburg
  • Germany
  • T +49.40.4140.30
  •  
 

Profile

Dr. Tobias Klass advises private equity funds, large and medium-sized companies and their shareholders, as well as real estate investment funds on the tax aspects of complex, often cross-border transactions.

Mr. Klass, as a key member of a client’s deal team, navigates the increasingly complex German and international tax law issues in domestic and cross-border transactions.

He focuses on the tax-optimization of private equity and M&A transactions as well as restructurings. He also advises on tax structures for inbound real estate investments. 

Mr. Klass is qualified as a certified tax advisor and specialist tax lawyer. He is a member of the International Fiscal Association. He is ranked among the best M&A lawyers for Germany by Handelsblatt, and noted for his ability to spot and avoid potential problems.

Experience

Mr. Klass’ experience includes advising: 

M&A
  • Aliaxis on the sale of Rheinhütte Pumpen to ITT
  • Prüftechnik Dieter Busch AG on the sale of the group to Fluke Corporation
  • SERgroup on the sale of a majority stake to The Carlyle Group
  • ZF Friedrichshafen on the sale of its global Body Control Systems business to Luxshare
Private Equity
  • IK Investment Partners on the acquisition of the Schock Group
  • Lindsay Goldberg on the acquisition of Bilcare Research Group
  • Stirling Square Capital Partners on the sale of Cartonplast to DBAG
  • The Carlyle Group on the sale of Klenk Holz AG to Binderholz
Restructuring
  • Senior lenders and the steering committee in the financial and operative restructuring of Kathrein group
Real Estate
  • Angelo, Gordon & Co. on various acquisitions of residential real estate portfolios
  • Corpus Sireo on the sale of Allianz Campus Berlin to Hines
  • HanseMerkur Grundvermögen on the acquisition of a real estate portfolio of 34 office and retail properties in Germany and Austria
  • Morgan Stanley Real Estate Fund and REDOS Real Estate GmbH on the acquisition, financing, and sale of a number of real estate portfolios in Germany, including the acquisition of the Rhein-Ruhr Zentrum

Thought Leadership

  • Market Participants Welcome Clarity on German Real Estate Transfer Tax Reform  -  May 13, 2019
  • Tax Exemption Offers Relief in the German Restructuring Market -  November 23, 2018
  • Potential Additional German Capital Gains Tax for Real Estate Investors  -  August 13, 2018
  • Real Estate Transfer Tax: Putting an End to Share Deals?  -  June 28, 2018
  • Upheaval in the German Restructuring Market: Need-to-Know Facts, Alternative Tools, and New Draft Law -  June 30, 2017
  • Update: Upheaval in the German Restructuring Market: Need-to-Know Facts, Alternative Tools and New Draft Law -  March 15, 2017
  • Upheaval in the German Restructuring Market – Need-to-know Facts and Alternative Tools -  February 16, 2017
  • EU's Anti-Tax Avoidance Proposal is Problematic -  March 16, 2016
  • European Commission Proposes an Anti-Tax Avoidance Directive -  February 05, 2016
  • German Real Estate Transfer Tax: Significant restrictions for so-called 94/6 Partnership Structures -  November 01, 2014
  • Neue Vorteile bei der Vorsteueraufteilung hinsichtlich gemischt genutzter Gebäude -  October 20, 2014
  • Grunderwerbsteuer: Das Ende von 94/6-Strukturen bei Personengesellschaften?  -  September 16, 2014
  • German Real Estate Transfer Tax: The end of so-called 94/6 Partnership Structures?  -  September 16, 2014
  • Tax Info No 33 - Finanzverwaltung äußert sich erstmals umfassend zum aktuellen § 8c KStG -  July 30, 2014
  • Tax Info No 34 - Abzugsverbot für Gewerbesteuer ist verfassungsgemäß  -  July 30, 2014
  • Tax Info No 35 - Vorsteueraufteilung bei gemischt genutzten Gebäuden -  July 30, 2014
  • Input VAT Deductibility in Case of Mixed Used Buildings -  July 30, 2014
  • Prohibition of Deduction of Trade Tax is Constitutional -  July 30, 2014
  • German Federal Ministry of Finance Comments on the Amended Sec. 8c Corporate Income Tax Act -  July 30, 2014
  • Management Participation Through Jouissance Rights Will Not Necessarily Lead To Wage Taxation -  July 01, 2014
  • The European Financial Transaction Tax: Many Questions, Some Answers -  March 04, 2013
  • Equity Waiver of Taxes on Restructuring Profits in Germany -  August 08, 2012
  • Steuerrechtliche Aspekte bei Restrukturierungen in Deutschland -  August 08, 2012
  • Jahressteuergesetz 2013: Weniger ist bald deutlich weniger – anstehende Steuerpflicht von durch Körperschaften gehaltenen Streubesitzbeteiligungen -  July 24, 2012
  • Developments in German Business Taxation (Tax Info No. 15) -  June 26, 2012
  • No Exemption from Trade Tax for Dividends Received from Subsidiaries -  June 01, 2012
  • Keine Gewerbesteuerbefreiung für Gewinnausschüttungen aus Trägergesellschaften von Krankenhäusern, Altenwohn- und Pflegeheimen sowie ähnlichen Einrichtungen -  June 01, 2012
  • TaxInfo, No. 014, February 2012 -  February 2012
  • Neuer Umwandlungssteuererlass -  January 10, 2012
  • BFH beschränkt den Umfang der Gewerbesteuerbefreiung von Altenheimen, Altenwohnheimen und Pflegeeinrichtungen -  November 8, 2011
  • (Limited) Relief for Inbound Investments:Germany adopts new Anti Treaty/Directive Shopping Rules -  November 7, 2011
  • TaxInfo, Issue 11, September 2010 -  September 15, 2010
  • German court creates possibility of new opportunities when using trust model -  August 1, 2010
  • Federal Fiscal Court on Trust Models: New Opportunities for Reorganizations and Leveraged Transactions? -  April 29, 2010
  • Bundesfinanzhof zum Treuhandmodell: Neue Möglichkeiten für Umstrukturierungen und fremdfinanzierte Transaktionen? -  29. April 2010
  • TaxInfo, Issue 10, April 2010 -  April 26, 2010
  • New German Taxpayer Relief Act — Changes to the Business Tax Reform Enacted by the German Parliament -  10 July 2009
  • The Proposed New German Law to Stop Tax Haven Abuse — Impact on Cross-border Activities -  11 June 2009
  • Tax Info, Nr. 008 -  July 2008
  • Der Regierungsentwurf für ein Bilanzrechtsmodernisierungsgesetz (BilMoG) vom 20. Mai 2008 -  11. Juni 2008
  • Tax Info, Nr. 007 -  September 2007
  • Tax Info, Issue 5 - January 2006 -  January 2006

Leading individual for Tax Law in Germany

The Legal 500 Deutschland 2020
Bar Qualification
  • Rechtsanwalt (Germany)
Education
  • Tax Advisor, Ministry of Finance, Hamburg, 2005
  • Second German State Exam, Higher Regional Court, Hamburg, 2002
  • Dr. jur., University of Kiel, 2000
  • MBA, University of Kiel, 1999
  • First German State Exam, University of Kiel, 1997
Industries
  • REITs
Languages
  • German
  • English
Practices
  • International Tax
  • Tax
  • Mergers & Acquisitions
  • Real Estate
  • Restructuring & Special Situations
  • Transactional Tax
  • Private Equity