Losses from letting luxury real estate without intention to profit not tax deductible

BFH: Landlord must demonstrate intent to make a profit Tax laws in Germany do not allow financial losses from a hobby to be offset against taxpayers’ income. And the country’s highest fiscal court – the Bundesfinanzhof (BFH) – recently confirmed in a ruling from June 20, 2023, that this principle can also be applied to […]


https://www.mtrlegal.com/en/losses-from-letting-luxury-real-estate-without-intention-to-profit-not-tax-deductible/?utm_source=dlvr.it&utm_medium=blogger

Kommentare

Beliebte Posts aus diesem Blog

Liability of de facto managing directors

Vermögenstransfer aus dem Ausland

Abmahnung muss inhaltlich bestimmt sein