Suchergebnisse für: `commercial-partnerships` (5 gefunden)

1. 30. April 2025

   Tax treatment of shareholder loan granted to asset-managing ...

   A shareholder loan granted to an asset-managing partnership is not recognized from a tax point of view insofar as the company's loan liability is attributable to its shareholder for tax purposes (Section 39 (2) no. 2 of the German Fiscal Code). According to a recent decision of the Supreme Tax Court, the loan agreement neither leads to deductible income-related expenses for the borrower nor to income from capital assets for the lender but is rather considered a tax-neutral contribution. This would be different only in the case of commercially active partnerships.

   Kategorien: Supreme Tax Court cases

   Schlagwörter: IFRS (Asset Management), partnership, sh ...
2. 29. April 2025

   Tax treatment of shareholder loan granted to asset-managing ...

   A shareholder loan granted to an asset-managing partnership is not recognized from a tax point of view insofar as the company's loan liability is attributable to its shareholder for tax purposes (Section 39 (2) no. 2 of the German Fiscal Code). According to a recent decision of the Supreme Tax Court, the loan agreement neither leads to deductible income-related expenses for the borrower nor to income from capital assets for the lender but is rather considered a tax-neutral contribution. This would be different only in the case of commercially active partnerships.

   Kategorien: Supreme Tax Court cases

   Schlagwörter: IFRS (Asset Management), shareholder loa ...
3. 25. Juni 2021

   Bundesrat approves the Act to Modernise Corporate Income Tax

   UPDATE: In its session on 25 June 2021, the Bundesrat gave its approval to the Act to Modernise Corporate Income Tax Law. The Bundesrat thus followed the recommendation of the Finance Committee. The law is should enter into force on 1 January 2022.

   Kategorien: Official Pronouncements

   Schlagwörter: Corporation tax, tax group, Exchange rat ...
4. 22. September 2016

   Arbitration Committee agrees on Inheritance and Gift Tax Ref ...

   The Members of the Arbitration Committee of the Federal Parliament (Bundestag) and the Federal Assembly (Bundesrat) have reached a compromise on the inheritance and gift tax reform after a seven hour session going on late into the night. Here is a summary of the key points.

   Kategorien: PwC Reports

   Schlagwörter: Private Wealth, inheritance and gift tax ...
5. 21. November 2023

   Bundestag approves Growth Opportunities Act

   On 17 November 2023, the Bundestag approved the Act to Strengthen Growth Opportunities, Investment, and Innovation as well as Tax Simplification and Fairness (Growth Opportunities Act) in the form recommended by its Finance Committee. The Act will be presented to the Bundesrat on 24 November 2023. It cannot currently be ruled out that the Bundesrat will convene the Mediation Committee to discuss individual provisions of the Act (the climate protection investment premium, in particular, will probably be discussed).

   Kategorien: Official Pronouncements, Tax & Legal New ...

   Schlagwörter: Corporation tax, Income Tax Act, Growth ...