My wife and I live in Portugal and are also tax residents here. Personally, I own a number of rental properties in Germany, with the rental income we use to support ourselves. All my properties are located in Germany and are managed exclusively by ...
Dear Sir or Madam, My question concerns the *extended* limited tax liability in the context of the existing Double Taxation Agreement between Germany (DE) and Singapore (SGP). - Singapore is a low-tax country (6.63% tax on income of 77,000 EUR) - I...
Dear Sir or Madam, In 2012, I purchased several condominiums in Germany that I now want to sell. In total, there are nine apartments. Normally, by selling nine apartments, corresponding counting objects would be generated, which could classify me as...
Hello, I have a subsidiary company that rents and sells string instruments and accessories. My marketing strategy is affiliate marketing. Affiliates promote my products and receive a commission for any sales they generate. They do not have an emplo...
Hello, Scenario: Person A is employed in an IT company. This company offers a commission for referring an IT professional (Person B). The commission (to Person A) is paid after Person B passes the probation period. The payment to Person A is taxed, ...
Dear Sir or Madam, the following situation: My wife and I bought and paid for a single-family home for our own use in August 2019. The house is financed by a loan. The transfer of the land register took place in January 2020. Due to a contractual ag...
Hello, I am the managing partner (30% share) of a GmbH, 62 years old. The GmbH has 3 other shareholders with shares of 30%, 20%, and 20% respectively. The company has promised me a pension, which will be due in 2022. The pension has been secured ...
Hello, this year I bought a plot of land with my girlfriend, each owning 1/2. Purchase price 140,000€ / 70,000€ my share Due to various financial solutions, my girlfriend's parents "advanced" the money. So my girlfriend received 180,000€ as an ant...
When does the period for the 10-year capital gains tax on real estate start? From approval or divorce settlement agreement / marriage contract? Or only from notarization or entry in the land registry?
Hello, To reduce the risk of individual capital investment, 2 friends and I would like to invest together. The price of the respective investment product would therefore be divided equally among 3 people. What are the options to implement this legall...
Good evening, I co-own a real estate portfolio in Germany with my ex-wife as a GbR. Each of us owns 50%. The portfolio was not subject to separation of property. We are both registered in the land register. Rental income flows into a joint account, f...
We (father, mother, son) want to establish a real estate partnership (GbR). The mother will contribute a mortgage loan (in her name) of €80,000, while the father and son will each contribute €10,000 in cash. We want to divide the shares of assets and...
We are planning to purchase a second property (B) - the notarization is planned. The property is currently rented out and the draft of the purchase contract mentions it as a capital investment with an undisrupted lease agreement. The handover of prop...
Hello, I am a German citizen but currently living in South Africa. I have received an offer to work from home in Germany while being based in South Africa and sending invoices to the company employing me. I still have a bank account in Germany, but I...
A limited partnership is being liquidated. There is a general partner and a limited partner. Both have capital accounts. The general partner has a negative balance, while the limited partner has a positive one. If the partnership agreement does not s...
Dear Madam, Dear Sir, I have a question regarding the speculation period for a self-occupied existing property (condominium). Facts I purchased a condominium on 02.12.2009 (date of notarial deed). The entry in the land register was made on 19.02.20...
Hello, I am a full-time employed editor, not self-employed. I am also registered as a freelancer with the tax office and work as a voice actor/actress. Up until 2015, my tax return was handled by a tax advisor, at which time my side business was reg...
Dear Sir or Madam, I have some questions regarding entries in the Separate & Unified Tax Assessment. The situation is as follows: GbR with 2 partners (self-employment, no trade) One partner has made in-kind contributions (office equipment) and cap...
Dear Sir or Madam, I have the following question: I am divorced and jointly own 11 condominiums in Germany with my former wife, which we rent out as an investment. We have a joint bank account through which all income and expenses related to the apa...
Dear Mr. Knut Christiansen, In addition to my first question: (I apologize - I actually presented the situation incompletely) My husband and I own two apartments, each 50% / 50%. Apartment No. 1: Market value 540,000 € No loan. Purchased in 2007, ...
Good day, I am employed subject to social insurance contributions by an external company and work there in the office until 11:00 in the morning. At the same time, I am the sole managing director/shareholder of my own limited liability company (UG) w...
We are a retired couple. I, the husband, receive income from various pensions, while my wife currently has no income of her own. Due to tax advantages, we both have our residence in Portugal and no residence or habitual abode in Germany. My wife want...
Speculation tax on property with 2 partial areas. A property consisting of 2 parts is to be sold. One part of the property has been in my possession for decades and was enlarged through an additional purchase 1 year ago. If the property is now sold...
Hello, I live in Germany and am selling a property in Austria that I inherited from my late mother in 2015. According to the tax authorities, no inheritance tax is due in Germany because I did not live in Germany at the time of my mother's death. N...
Hello, I registered my business as an online retailer (sole proprietorship) on 01.04.2018. I mainly sell textile items over the internet. For tax purposes, I have opted for the small business regulation and do not charge sales tax, nor can I deduct ...
