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...
Good day, I am planning to establish a new company (GmbH) at the beginning of next year. Currently, I am still unsure about the correct business purpose. Below, I describe the purpose of the company and hope you can answer the open questions based on...
A KG is being liquidated. There is a limited partner and a general partner involved in the KG. Both have made equal contributions. Due to compensation for services, withdrawals, profits and losses, the capital accounts as of 31.12.2019 are, for examp...
Hello, Attached are: (1) Income tax return 2017 (2) Income tax return 2016 (3) Income tax return 2015 In 2017, maintenance expenses for Dorfstraße 41b amounting to 8,423 euros were reported by the former tax advisor. For Dorfstraße 24, maintenanc...
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 ...
I have invested in a film fund that will be dissolved in 12/2019. The distribution due there is considered income from commercial business. Since I already sold a wind power fund 4 years ago, in which I claimed § 16 para. 4 EStG, I now personally hav...
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 tax expert, I am planning to purchase a building complex in the near future, consisting of several single and multi-family houses. Since the property is very large and I believe I can achieve a high selling price by selling the detached houses ...
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...
I would like to participate as a 50% shareholder in a newly founded GmbH in Germany. I will NOT be the managing director. I am German, but not liable to tax in Germany. I live in Dubai (moved away from Germany for more than 5 years, no connection to...
Initial situation 2016 (simplified): Civil servant A14, salary 65,000 €, additional income from side business 3,000 € = non-self. income 62,000 €. Additional income from business operation (sole proprietorship trade as a side job). In 2016 loss -85,0...
Hello, my mother owns approximately 1 hectare of land which is registered as agricultural land. There has been no cessation of business declared so far. Now, this land is supposed to be divided among three children. Half of the land has a market valu...
We are a GbR with 3 shareholders. Currently, all shareholders are equally entitled to the profits of the company. We now want to adjust the profit distribution so that only 2 shareholders are entitled to profits. The background of the redistribution ...
We have inherited a multi-family house with four apartments with four siblings, and now each of us is listed in the land register with a 25% share. (no declaration of division, so not condominiums, but a multi-family house) By definition and law, we ...
Hello, Can I circumvent the 15% limit by spreading the costs of a renovation project over several years in a building that is partially rented out and partially used for residential purposes (heating system replacement, no higher standard)? I bough...
I am contacting your tax expert Mr. Oliver Burchardt with my question regarding the US pension fund 401k. I have deposited a total of $82,000 into a 401k from 1987 to 1995 in the USA, $10,400 of which was untaxed and $72,000 was taxed. By February 2...
I have purchased several $25 Ad Packs on Getprofitadz on the internet. The purchase price of these packages is an investment that will never be repaid. Lifetime advertising revenues are generated for the Ad Packs, which GetprofitAdz distributes to th...
Someone deposited foreign funds with reinvestment in a Swiss account in 2002. The acquisition cost (in 1993) cannot be proven. Ongoing returns were never taxed. In 2004, the funds were then sold from this account, with the 2004 statute of limitations...
Assuming a German taxpayer brought securities (real shares, fixed-income securities, and accumulating money market instruments) across the border into a newly opened account in Switzerland in 2004 and had them redeemed/sold from there. It is clear th...
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...
Subject: Possible inheritance tax Please advise me: Is the "Solution Idea 2" in the "Details" a solution or not? What is your advice then? Details: Condition: 1. Marriage contract 1990: Separate property 2. Will: Berlin Will 3. House and land owner...
Dear Sir or Madam, My wife, my children (28 and 38 years old) and I live in Germany and have owned an apartment in Russia for more than 10 years. The ownership is shared, but with defined parts: 2 parts belong to my wife and 1 part each to the other...
A question about the taxation of death benefits from an inheritance. After the death of my father, I was determined by the probate court to be the sole heir, but I have to pay out 50% of the inheritance to my sister. For the death benefit, I had to g...
We are a craft business (GmbH) and carry out painting services. Our customer is a property developer and it was agreed in the contract: "The VAT liability is transferred to the recipient of the service in accordance with §13b UStG". We invoice our cu...
Question for Dipl.-Kfm. Frank-Olaf Illiges Thank you first of all for the detailed answer to my complex of questions. You have explained very clearly. Now further questions on the topic: If we as a GmbH give away wine to our own employees for 1. les...
