The Cologne Tax Court considers the standard actuarial interest rate of 6 % applied for the calculation of pension provisions under Section 6a of the Income Tax Act in 2015 to be unconstitutional. It has suspended the appeal and referred the matter to the Constitutional Court for that Court to consider the constitutionality of the standard rate.
Tax & Legal
The Supreme Tax Court has held that a pension obligation taken over from another company should continue to be carried at the consideration received until, with the passage of time, the “tax” value is higher. Continue reading