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...
Dear Mr. Tax Advisor, I come from Italy and have been living in Germany for over 10 years. Here in Germany, I completed my studies and started my own business about 8 years ago. Since January 2012, I have been the owner of a condominium in Berlin, w...
My wife, my son, and I purchased a property on 9th October 2009 (closing of the purchase contract), with my son owning a 2/4 share. Normally, the speculation period would have ended on 10th September 2019. However, my son went into insolvency in 2010...
Dear Sir or Madam, I own a condominium which I would like to rent out at a reduced rate to my brother (a student). From my point of view, it would be acceptable from the tax authorities if the living space is rented out above 66% of the local compa...
Dear Sir or Madam, I would like to start my own business offering cosmetic services, in my own home. Initially, it will be part-time as I am currently covered by my husband's family insurance and expect to generate a monthly revenue of €1000 at the ...
Hello, we are a fraternity and have accumulated a tax loss carryforward of approximately 25,000€ due to some past fairs. Since we no longer hold fairs, but only a small village festival, we would like to change the taxation of our income (value-added...
I am the sole shareholder of an IT GmbH, which has not generated any revenues since mid-2013. Since May 2014, my wife has been appointed as the sole managing director. Due to a pension commitment (shareholder managing director), I have been receiving...
Income tax? - Mother-in-law, retiree, old-age pension € 894.40/month, widow's pension € 897.79/month In the future, the purchase of two nursing homes for € 120,000.00 each, depreciation 2%, total monthly rental income € 1100.00. How much income tax...
Topic: Reduced taxable wages for multiple calendar years and reduced taxed compensation. Hello, I wanted to file my taxes and my program has now brought me a message that I am not quite clear on. As a former soldier on duty, I receive transitional ...
Dear Sir or Madam, In 05/2013, we acquired a leasehold property (102 condominiums) for a purchase price of 2,000,000 euros. The annual ground rent amounts to 2,000 euros. The remaining term of the ground lease is 39 years. How high is the real esta...
Good day, how do I deal with the following situation tax-wise, my mother-in-law is 82 years old and suffers from dementia, care level 1. Every day, also several times a day, at least 400 times in the year 2014, my wife goes to her mother before wor...
How are invoices from abroad to be considered in terms of VAT/input tax, e.g. if the invoice is from Luxembourg and shows 15% value added tax or from Denmark with 25% tax? Or possibly even completely different for invoices from the USA? It is about ...
For the purpose of resale, we purchased 50 smartphones from a supplier totaling €33,473.5. After paying the amount of €33,473.5 into the bank account of the "domestic" supplier, the goods were delivered promptly. On the corresponding invoice, the s...
Dear Sir or Madam, I am planning to claim tax relief for a second household ("relocation") and I kindly ask for your support. Since 2010, I have been living with my partner in Berlin. I myself live in Frankfurt am Main. We are not married and do no...
Father and son buy a single-family house together and each become half owners. The son moves into the house and rents out the half of the house that does not belong to him from his father ( "discounted rental among family members"). Before moving in,...
How are success- or performance-based bonus payments that a trader can earn through social trading platforms such as Wikifolio taxed in Germany? In order for the question to be considered answered, please address all sub-questions 1-4. If you are un...
Good morning. Here is my question: I have been living separately since 2013 and probably should have changed my tax class to class 1 at the beginning of this year. I have not done that yet. Last week I received a letter from the tax office with my da...
I was offered a severance agreement with a payout by December 31, 2014. I can choose the date of the payout for 2014, 2015, or 2016. Since I am expecting other income in 2015 (a temporary employment in another company), I wanted to choose the payout ...
Dear tax expert, I would like to trade 2 foreign accumulating ETFs that are not yet listed in the transparency list. http://www.bzst.de/DE/Steuern_International/Auslaendische_Investmentfonds/Auslaendische_Investmentfonds_node.html Proshares Ultra ...
I would like to privately purchase a single-family house with a small granny flat. As I run a small business (legal form UG), the granny flat, as well as a garage and two additional basement rooms in the house, should be rented out to the company. Th...
Gift tax, real estate transfer tax Germany-Austria Dear Sir or Madam, a good acquaintance (not related to us, resident in Germany) wants to transfer a vacation home (located in Tyrol) to us (married couple, resident in Germany) in equal parts. The op...
Hello, My question pertains to the tax implications for me after moving to 1) China (double taxation agreement) or 2) Hong Kong (low-tax jurisdiction), with deregistration in Germany. Essentially, I am interested in how profits from stock investment...
Dear Sir or Madam, I moved to Thailand on September 1, 2014 and will be living there continuously for at least the next two years (my wife works there / I am quitting my job in Germany). However, I have capital gains in a German deposit account. My ...
Dear Sir or Madam, I am a German citizen with a permanent residence in France. My place of work is in Germany, where I am employed in public administration and taxed according to the cash-based accounting principle. The tax office responsible for me...
Good evening, Residence in Germany with family (Domicile), self-employed, doctor. Part-time work in Great Britain. Until March 2013 clear: short term visitor as a free lance/self employed in GB not taxable. Everything taxed here. New: Statutory r...
