If a town house used for own residential purposes is sold within the ten-year holding period, no tax exemption is applied according to the ruling of the German Federal Fiscal Court dated July 19, 2022, file no. IX R 20/21, insofar as the capital gain is attributable to rooms rented to third...
Pursuant to the BFH ruling of February 14, 2023 (IX R 3/22), capital gains that a taxpayer realizes within one year from the disposal or exchange of cryptocurrencies are subject to taxation as a private disposal transaction.
According to the ruling of the German Federal Fiscal Court dated September 1, 2022 (Case No. IV R 13/20), the factual trade tax liability of a commercial real estate trader begins at the earliest with the conclusion of an effective purchase agreement for an initial real estate property.
Employee participation enables employees to participate directly in the employer’s company with their own contributions. This strengthens the employee’s commitment, motivation and identification with the employer and is also increasingly used to attract qualified employees.
According to the ruling of the German Federal Fiscal Court of September 20, 2022 (Case No. IX R 29/21), indemnity payments made by a (new) landlord to his or her lessees for the early termination of the rental agreement and eviction from the apartment for the purpose of carrying out renovation...
We present the most important legislative changes introduced by the Act on the Implementation of the DAC 7 Directive and the Modernisation of Tax Procedure Law.
In its ruling of September 29, 2022 (Case No. IV R 20/19), the German Federal Fiscal Court decided that a provision must be recognised for the obligation from a personalised customer loyalty programme existing on the balance sheet date. The prerequisite is that the legal and/or economic reference...
In November 2022, the BMF published a draft circular, in particular on the allocation of profit participation capital for tax purposes. We shall present the main aspects.
We present the most important legislative changes introduced by the Annual Tax Act 2022.