Tax & Legal

Categories: All (2 found)

1. 17.11.2024

   Application for transfer at book value to be made also in a ...

   In a most recent judgment, the Supreme Tax Court held that the application for maintaining the book values in accordance with Section 3 (2) sentence 1 of the German Reorganization Tax Act can be made in the notarial deed on the reorganization of which the notary sends a certified copy to the responsible tax office in accordance with § 54 para. 1 of the Income Tax Implementation Ordinance.

   Categories: Supreme Tax Court cases

   Keywords: Tax Book Values, restructuring, transfer ...
2. 03.11.2021

   Retention period infringement under Section 6 (5) Sentence 6 ...

   According to a decision of the Supreme Tax Court, where, within the framework of a multi-level partnership, an upper partnership, which indirectly participated in an asset transferred at book value under Section 6 (5) Sentence 3 Income Tax Act ("ITA"), changes its legal form into a corporation at book value, this will be considered an infringement of the retention period under Section 6 (5) Sentence 6 ITA

   Categories: Supreme Tax Court cases

   Keywords: transfer at book value, change of legal ...