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 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...
For future real estate transactions (acquisition - appreciation - sale), I would like to establish a GmbH (limited liability company) as I do not want to infect private properties with commercial activities in order to be able to sell them tax-free a...
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 ...
Good day, I have a special question regarding the three-property limit. The situation is as follows: 1. In 2019, I sold a garage for 14,000 euros, which I had bought for 13,400 euros in 2014. The reason for the sale was that the trouble with the pr...
I am a sole proprietor (income taxed according to income statement, VAT registered). A supplier of trading goods offers me the opportunity to purchase credit with him. How is the acquisition of such credit treated in terms of accounting and tax law...
Unfortunately, I lost money in stock investments to a financial institution in Japan. The scammers disappeared with the money after a while. A report was made to the German public prosecutor's office but it was dismissed. Thank you in advance for yo...
My husband and I have owned several rented multi-family houses for more than 10 years. One was sold in December 2018, another one will be in May 2019. Question: Can we sell a total of three properties each with a 50% co-ownership stake within 5 years...
Hello, I have received a letter from the tax office accusing me of engaging in commercial activity. Small parts of my girlfriend's car were sold, and now I am being asked to file a tax return. I receive welfare benefits. How should I behave towards t...
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...
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, I want to buy a tractor for 89,250 euros gross. I am trading in another tractor for 50,575 euros gross. This tractor is financed through a bank. The remaining amount to be paid off is 16,050 euros. The seller of the new tractor will pay off t...
I have a question regarding the small business regulation. I intend to carry out the following activities: Purchase of Paysafecards (with real money & virtual currency) with which I acquire Amazon vouchers Sale of Paysafecards for virtual currency ...
I still have a carryforward loss of 14,616 from 2008 that has not yet been offset. Now in 2012, I have realized capital gains: 11,748 euros from the Maxblue account (options and certificates) 11,142 euros from IG Markets (CFDs on the DAX) and thoug...
Hello, I transferred half of my commercial and residential property, which I built in 1996, to my husband in 2008. Since 2003, this property has been rented out, currently to my children. We now want to sell this property to my daughter and her part...
Situation: In 1995, purchase of a 3-family residential building with 1 small office (30 sqm) and 5 garages into private ownership, all units rented out to existing and new tenants. In 1998, the property was divided into partial ownership and 2 vacan...
Dear Sir or Madam, I am currently in the process of preparing my annual income tax return for 2011 and was employed in Germany until 31.03.2011. I was able to leave my employer with a significant severance payment, which was paid out to me on 30.04....
Good evening everyone, Let's assume that someone realized a loss in trading leveraged products (such as certificates, options on the Dax) in 2011 and 2012 (the trade was also entered into in 2011). In addition, a property was sold at a profit in 201...
I have sold two properties at a profit within the 10-year speculation period. I reinvested the proceeds in the same year in several new rented properties, and also invested larger amounts in modernization and maintenance (taking into account the 15% ...
Dear Sir or Madam, I have participated in four closed-end real estate funds (LBB / IBV) from 1997 to 2001. Due to ongoing problems, the fund company offered to buy back the fund shares within a certain period of time. I have already sold 3 of these ...
Hello, I had registered a business for import-export and trading with art and handicrafts from 19.10.2010 - 31.08.2011. For this, I chose the small business regulation (does it called that? Sales up to 17,500 euros/year) and waived the claim of input...
I am a German citizen and live exclusively from buying and selling stocks and options, which I usually do through a German bank on a German stock exchange (but also on off-exchange trading platforms). I am essentially a trader who aims to make profit...
Dear Sir or Madam, We operate a trade with tickets / admission tickets. We buy and sell on the secondary market, so we are not the organizer. It is unclear to us whether our sales tax is 7% or 19%. According to the following ruling: http://www.bunde...
Hello tax experts, I would like to receive answers regarding the tax treatment of the following topic: Situation: - From Jan. 2007 to April 2010, I worked in Sweden for a German company as an employee (taxes were paid accordingly in SE until April ...
Hello, I have registered a part-time business for (online) trading with textiles. I have been doing this alongside my regular job since 2009. (Small business owner, turnover 1000 EUR) Now here's the problem: I also work as an artist. So far, these ...
