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Shareholder Vouching with new Contribution as Expense

Shareholder Vouching with new Contribution as Expense

Shareholder Vouching with new Contribution as Expense

A shareholder vouched for the liabilities of his company. In order to avoid him being held liable as guarantor, he makes a contribution to the capital reserve of the company. The shareholder wants to also prevent execution into his real estate. Will this result in acquisition costs in the context of §17 EStG? §17 EStG determines the taxation of selling company shares. This was clarified by the Federal Finance Court in a judgment on July 20, 2018 (re IX R 5/15), contributing to its growing body of case law on the recognition of subsequent acquisition costs in this context.

To find out more, please read my article:

http://www.presenceingermany.biz/en/business-news/457-shareholder-vouching-with-new-contribution-as-expense

About Beam my Presence to Germany UG

The company was founded by Konstantin Baron von Engelhardt and Katrin Baronin von Engelhardt under the name “Beam my Presence to Berlin UG” The first services included providing address and postal services to the international business community in Berlin. In 2016 its was renamed “Beam my Presence to Germany UG”, because the business expanded throughout Germany. Today Beam not only offers virtual office services, but also sells German ready-made companies complete with registration and tax ID. This approach was developed with the associate, foreigners lawyer Alexander Baron von Engelhardt, because so many interesting investors were frustrated with the red tape in Germany. German authorities need an "endlessly" long time to enter the company in the Commercial Registry, issue a tax ID, VAT-ID. Three months or more are common. In daily business life, this can ruin a good chance!

Beam my Presence to Germany UG (limited liability)
Hardenbergstr. 12
10623 Berlin
Germany
Phone: + 49 30 577 095 281
eMail: welcome@PresenceInGermany.com
Internet: www.PresenceInGermany.biz

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