Dear Readers,
It is a pleasure for us to present the new edition of the VAB Yearbook “PERSPECTIVES 2025” in its digital form. This year’s edition is again bilingual, in German and English.
We would like to thank everyone who has contributed. Special thanks go to Michael Theurer, Executive Board Member of Deutsche Bundesbank, for his guest article.
The yearbook mainly contains contributions by VAB staff and the VAB Expert Panel members on the topics of tax law, banking infrastructure and regulation, with a focus on current developments.
You are also welcome to forward the “PERSPECTIVES 2025” to colleagues and other interested parties. On request, we will also be happy to send you a printed version.
We hope you enjoy reading
Your VAB Team
Archive of the yearbook