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...
Hello, I am currently a freelancer (artist/music teacher registered with the Ksk) exempt from sales tax. To change my very uncertain situation (due to Covid19), I have decided to apply for a permanent position, which I have actually been offered. I...
Hello Mr. Thomas, in which line of the sales tax return must the calculated sales tax for the merchandise inventories that are transferred to private assets be entered? Warm regards, Manfred Ulrich
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 ...
Good morning, My question relates to a legal text which I unfortunately can no longer find and due to a reset of my system, I no longer have access to my documents. It concerns the intended obligation to prepare financial statements, which the tax ...
For various reasons, we had to sell our rented (and therefore not self-occupied) single-family house in August 2019. This property was acquired in March 2010, so capital gains tax is due and we will have to pay it in 2020 along with our 2019 income t...
Good day, How to deduct self-financed training costs for adult child from taxes? Our adult child obtained the Fachholschulreife in August 2018 through the gymnasial leaving certificate after Class 11 and an immediately following "one-year guided in...
Hello! First of all, thank you for your help. My question is specifically about value-added tax. I am a streamer (content creator) on the online platform Twitch (similar to YouTube but live). Twitch is an American company. When I stream there, my vie...
Hello, I am currently living abroad with my partner. In a few months, we will be moving to Germany and living together in a shared household. We have a child together who also lives in the household. We are not married. My partner does not work, she...
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...
Hello dear experts, I have been to my tax advisor and would like to obtain a second opinion regarding the classification of my UG (German limited liability company). The situation is as follows: I have founded a holding UG with the business purpose...
Hello, I hope you can help me with the topic of donations. At the turn of the year, I came across a school in Kenya that is led by a pastor and his family. He teaches over 450 orphans, feeds hungry children in his region, supports them medically, b...
Dear Mr. Tax Advisor, since March 2012 I have been the owner of a condominium in Berlin. I have had my registration there and have actually been living there. However, as I am often away on business, I occasionally rented out my apartment through Ai...
I am a freelancer with 2 leasing cars. 1. I use the small car 100% for business purposes with logbook entries for each customer trip. 2. I use the larger car (Tiguan) for both business and personal use. However, the business use is only between 10%-...
I will start a position at the Royal Mail in England in May 2019, where I will work 4 days a week and can work one day from home in Germany. My contract will be issued by a German subsidiary of Royal Mail. Since the 4 days per week exceed 183 days pe...
1: Attachment V) I acquired a condominium in 2017 (title registration in the land register on 18.11.2017), which was in forced administration but was purchased by me freely. Now I have received a calculation from the forced administrator: + Prepaymen...
Good evening, I work as a freelancer and part-time lecturer at an adult education school. I am directly involved in the seminar fees and invoice based on these earnings after each seminar day. Unfortunately, one participant's course fee has not bee...
Dear Sir or Madam, My wife has been self-employed since 2010 (sole proprietorship). The complete accounting (SKR 04, EÜR) has been carried out by myself (private individual) since then. Our vehicle is part of the business assets and is depreciated ...
Tax law association, Hello, I am the chairman of a sports club. Founded last year, tax-exempt status was granted right from the start. Despite multiple requests, our financial director has not been able to file the tax return. As a new club with a fi...
An entrepreneur A in Cologne receives an order from an entrepreneur B in Vienna. Entrepreneur A in Cologne places this order with an entrepreneur C in Munich, and entrepreneur C in Munich produces the goods and ships them directly to Vienna, thus sup...
Hello, Over the years, I have landed in the rank of Top Product Reviewer on Amazon. This has led to manufacturers contacting me since April and offering me products to buy and review on Amazon. I then receive the money for the product via Paypal. ...
Since April 2017, my husband has been working from home (1st place of work in the employment contract). Now we would like to deduct the home office for the first time in the tax return for 2017. We purchased our own home in 2013 and have not previous...
I own various apartments and commercial properties as a sole proprietor. The money flow goes through one account. Can I book directly from the account into the various income statements, or do I have to use a transition account? Do I have to create d...
