In a most recently published decision, the Supreme Tax Court held that real estate transfer tax falls due on the acquisition by a company of its own shares if this led to a holding of a little over 95% (90%) of the issued share capital in the hands of one of the shareholders.
The Supreme Tax Court has held that real estate transfer tax falls due on the acquisition by a company of its own shares if only one other shareholder remains.
The finance ministry has issued a decree on the tax consequences for a company dealing in its own shares following the realignment under the Accounting Modernisation Act (BilMoG).
