Tax & Legal Blog

Tax & Legal

Aktuelle Entwicklungen und relevante Neuerungen im Themenbereich Steuern & Recht in englischer Sprache.

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  • Funeral costs paid under a death insurance policy as deducti ...

    If the testator has assigned benefits from a death benefit insurance policy to a funeral home during his lifetime the estate is increased by the heirs' claim for a benefit in kind towards the funeral home. The costs of the funeral are fully deductible as liability of the estate.

    Originaldatum
    Kategorien
    Supreme Tax Court cases
    Schlagwörter
    insurance cover, limited inheritance tax ...
    Autor:in

  • Comprehensive car insurance for employees

    The finance ministry has decreed that an employer may upgrade an employee’s car insurance to comprehensive cover for business travel without tax consequences for the individual.

    Originaldatum
    Kategorien
    Official Pronouncements
    Schlagwörter
    car expenses, insurance cover
    Autor:in