Suchergebnisse für: `abuse-of-legal-forms` (11 gefunden)

1. 01. Dezember 2021

   Dividend exemption under double tax treaty or abuse of legal ...

   The distribution of profits by a Luxembourg subsidiary (in the legal form of a SARL) to its German parent company (a partnership limited by shares – KGaA) may be an abuse of legal forms where the KGaA provided SARL with a loan and shortly thereafter waived repayment, thereby putting SARL in a position to actually make the profit distribution. Even more when the losses arising from the impairment of the value of SARL because of the distribution are to be used by the shareholders in a tax-effective manner.

   Kategorien: Tax Court

   Schlagwörter: dividend exemption, abuse of legal forms ...
2. 08. Juni 2021

   Abuse of legal forms in the case of merger

   According to the decision of the Supreme Tax Court the offset of losses in case of an upstream merger with the profits of the transferring company accrued during the period of retrospective application was not abusive and in accordance with the legal (tax) provisions in force in the year of dispute (2008).

   Kategorien: Supreme Tax Court cases

   Schlagwörter: Upstream merger, Loss utilisation, anti- ...
3. 01. September 2021

   Sale of property after gratuitous transfer to children no ab ...

   If the taxpayer has arranged for the sale of a property to a third party, there is generally no abuse of tax law (abuse of legal forms) if the property was initially transferred to the children free of charge and subsequently sold by the children to the ultimate buyer. According to the decision of the Supreme Tax Court the capital gain is subject to income tax in the hands of the children based on their individual income tax situation.

   Kategorien: Supreme Tax Court cases

   Schlagwörter: Capital gains taxation, gratuitous trans ...
4. 02. März 2011

   Ring transfer of shares to realise losses not abusive

   The Supreme Tax Court has held that a concerted sales action by shareholders among themselves to realise losses was not abusive despite unchanged holding ratios.

   Kategorien: Supreme Tax Court cases

   Schlagwörter: capital gain, ring share transfer, compe ...
5. 19. Juli 2016

   No deduction of foreign withholding tax in case of abuse

   Dividend withholding tax paid by a foreign intermediary company may not be deducted from the taxable income of the local shareholder of a German company if the entire arrangement is abusive and if, therefore, the dividend income is to be allocated to the German shareholder.

   Kategorien: Supreme Tax Court cases

   Schlagwörter: foreign tax relief, deduction of foreign ...
6. 20. Dezember 2022

   Tax treatment of incongruent advance distributions

   A civil law resolution for a selective incongruent advance distribution to only one of two shareholders contravening the articles of association but passed unanimously by the shareholders' meeting is also tax effective. Thus, the “left-out” shareholder does not realize taxable income by way of a hidden distribution.

   Kategorien: Supreme Tax Court cases

   Schlagwörter: hidden distributions, incongruent advanc ...
7. 01. September 2023

   Charitable contribution may be tax deductible even if return ...

   According to a decision of the Supreme Tax Court, the mere fact that a foundation returns the amount it previously received from the donor to the latter within a short period of time as an interest-bearing loan and uses the interest income earned to promote its tax-privileged statutory purposes is not in itself a reason to deny the tax-deductibility of the contribution as donation.

   Kategorien: Supreme Tax Court cases

   Schlagwörter: donations, charitable organization
8. 31. März 2025

   Economic ownership of shares assigned as collateral

   In a most recent decision, the Supreme Tax Court held that the shares transferred by way of security are attributable to the purchaser ( who is also the secured party) as of the date of transfer of ownership if the purchaser can legally and effectively exercise the material rights associated with the shares (in particular the sale and exercise of voting rights) and regardless whether the security event occurs.

   Kategorien: Supreme Tax Court cases

   Schlagwörter: Collaterals / Sicherheiten, share transf ...
9. 02. September 2014

   Proposed tax amending bill

   The finance ministry has published a draft tax amending bill, basically to enact ECJ judgments against existing provisions and to react to perceived abuses and anomalies.

   Kategorien: PwC Reports

   Schlagwörter: amending bill, anomalies, abuse of legal ...
10. 15. Oktober 2012

    No abuse in sale of worthless debt to new shareholder

    The Supreme Tax Court has allowed a manoeuvre effectively avoiding forfeiture of a loss carry-forward on change of shareholder through the sale of a worthless shareholder loan to a new shareholder followed by recovery from the injection of new capital.

    Kategorien: Supreme Tax Court cases

    Schlagwörter: worthless debt, forfeiture of a loss, ch ...
11. 18. August 2023

    Loss from the sale of minority share to spouse no abuse of l ...

    The review to determine the taxpayer’s intention at making a profit for income to qualify as business income under Section 17 German Income Tax Act must be with regard to the taxpayer's entire shareholding in the corporation. An isolated analysis based on the single business share sold is not possible. In its current ruling, the Supreme Tax Court also comments on the question of abuse of rights with the intention to create tax losses in a case of increased acquisition costs because of a (paid) premium.

    Kategorien: Supreme Tax Court cases

    Schlagwörter: business income, Sale of shares, abuse o ...