Tax & Legal

    • nivo slider image nivo slider image nivo slider image

Tax & Legal

Foreign limited partnership does not shield non-trading income from German taxation

The Supreme Tax Court has held that rental income earned through a Hungarian partnership is not automatically exempt as the income from a foreign permanent establishment, merely because the partnership was taxed locally as a corporation, or because the income would have been treated as trading income had it been earned through a German partnership.

Continue reading