02. Dezember 2024 Calculation of gift tax for low-interest loans In a recent judgment the Supreme Tax Court held that the granting of a loan at an interest rate which is not customary in the market is subject to gift tax as gratuitous contribution. When calculating the interest advantage the standard (typically used) interest rate of 5.5% as mentioned in Section 15 (1) of the Valuation Act cannot be applied if a lower market value for comparable loans has been established. Kategorien: Supreme Tax Court casesSchlagwörter: loan interest, low interest
04. Oktober 2011 Retail financing compensation payments within the motor trad ... The finance ministry has decreed that payments to compensate retail financing subsidies in the motor trade should be subject to VAT as market support services. Kategorien: Official PronouncementsSchlagwörter: motor trade, low interest
