28.09.2022 Allowable depreciation after acquisition of share in asset-m ... According to a ruling of the Supreme Tax Court, the shareholder (partner) of an asset-managing partnership who has acquired his share for a consideration, can claim depreciation on the jointly owned depreciable assets on a pro rata basis and only in accordance with his acquisition costs and the remaining useful life of the respective asset at the time the share was acquired. Categories: Supreme Tax Court casesKeywords: Asset & Wealth Management, partnership, ...
03.01.2017 Depreciation of wind turbines not before transfer of risk Tax depreciation for wind turbines presupposes economic ownership of the asset. A change in economic ownership requires that any risks are transferred to the purchaser/customer. Categories: Supreme Tax Court casesKeywords: wind farm, wind turbine, depreciation, e ...
