For some time now, there have been new financing offers for seniors on the real estate market. These include, above all, the partial sale of the property. In this case, the owner sells an ideal co-ownership share in the property (for example 20 % to 50 %) to a commercial …
Voluntarily foregoing a tax exemption may sound strange, and most people will certainly immediately feel uncomfortable. In principle, landlords are entrepreneurs in the VAT sense. In this respect, the VAT view differs from the income tax view. Rental income is subject to turnover tax, but a tax exemption applies. Accordingly, no …
With the amendment of the Real Estate Transfer Tax Act in May of this year, the legislator changed the Real Estate Transfer Tax after a long discussion and made it much stricter in some points. For example, land transfer tax was only triggered in the case of transfers to real estate companies …
A sale of a business as a whole always occurs when the essential foundations of a business or a separately managed business are transferred in such a way that the acquiring entrepreneur can continue it without financial expenditure. Tax consequences of the sale According to ยง 1 para. 1a UStG …
With regard to trade tax exemptions for asset management companies, there are two possible types. 1: 1. in the course of the “simple” property reduction pursuant to section 9 no. 1 sentence 1 GewStG, a double burden with real taxes – trade tax and property tax – is to be avoided at …