19.11.2024 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. Categories: Supreme Tax Court casesKeywords: insurance cover, limited inheritance tax ...
10.09.2015 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. Categories: Official PronouncementsKeywords: car expenses, insurance cover