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 ...
Hello, first of all, happy new year. I have a question regarding income from rental properties. I own a house together with my mother. This house comes from my grandparents and I inherited part of it after the death of my father. The house has bee...
Hello, the situation is as follows: as part of a special VAT audit, the tax office wants proof of individual revenue bookings behind summarized sales figures. Problem: for example, the revenues of a month are only recorded in summarized form in the ...
I am currently liquidating a limited liability company (UG). It is a straightforward case, as it has never been economically active. The blocking period expired on December 3, 2019. The deletion is planned for next week. The company has remaining as...
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...
I have a question regarding our non-profit organization and a future economic business operation. Background: Non-profit registered association since 2002. Tax number available. The association wants to start an economic business operation to financ...
I will be working for an insurance company in the employed field service starting from 01.02.2019. Currently, "my" car is registered and insured under my mother's name in order to save money on insurance. I will have a lot of travel expenses for cust...
Assuming the limited partner of a limited partnership takes private withdrawals from the partnership throughout the year and deposits them into a private savings account (without spending them), while leaving the profits in the partnership. At the en...
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 ...
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...
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...
Dear Sir or Madam, I am seeking an answer to the following question regarding the income tax return, attachment EÜR: I am a self-employed architect and cash basis accountant. In 2017, I made two mistakes in the payroll for an employed architect, whi...
Hello, I have a question regarding the booking of a real estate-related §15a UStG case. Case at hand: Due to a tax-damaging rental within the correction period, a 15a correction (monthly 1/120) is necessary. So far, we have been booking the proportio...
Hello, I am a German and Swiss dual citizen and I own a company in Switzerland, where I have been working for 9 years and also lived almost continuously until two years ago. My wife - who is only a German citizen - is employed at my company as the d...
Hello I am self-employed and planning to have two apartments, one in Germany (currently) and one in Austria (Vienna additionally). Economically, my main center of life is expected to be in Austria in 2017 (70-80% of income). However, my personal ce...
Dear Sir or Madam, I have a question regarding gift tax. A good family friend (80 years old) would like to gift my wife 20,000 euros. At the same time, she has also gifted our daughter (12 years old) 20,000 euros for her future life. Does my wife n...
Subject: Mixed-use property and subsequent production costs Dear Sir or Madam, The following scenario: Owner (77, nursing level 1, GdB: 90) owns a multi-family house built in 1950 with 3 units: ground floor, upper floor, attic. Ground floor: occup...
Dear Sir or Madam, We have been living in a condominium since November 2013 without interruption and now wish to sell it. According to my research, we can only sell the apartment in January 2016 in order to avoid paying speculation tax. Is that corr...
Dear Sir or Madam, In 2014, we renewed the fitted kitchen in our rented condominium. The invoice amount was approximately €6,300. The condominium has been in our ownership since 2002 and has been rented out since 2007. The old kitchen was installed ...
As a Berlin entrepreneur (Hotel), I have received an invoice for commission from Expedia Switzerland, tax-free. It is noted on the invoice: "Exempt from Swiss value added tax according to Article 8 Paragraph 1 VATL". I therefore have to pay the Swiss...
Hello, I have the following question... Key data: Sole proprietorship business for business consulting §4 para. 3 tax code In 2011, silver coins were purchased for 20,000 euros and booked as goods (expense-profit-reducing) voluntary BV (economic c...
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...
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...
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...
My wife works as an employee in the field service of a company. There is no workplace available for her in the company itself. Therefore, preparatory and follow-up work is carried out by her in a home office. Furthermore, she has been provided with ...
