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Income Accrual to Salary Conversion for Early Retirement

Income Accrual to Salary Conversion for Early Retirement

Income Accrual to Salary Conversion for Early Retirement

Are payments into an account in the form of credit to finance early retirement considered receiving payment of a salary, and thus subject to taxation? Does this also apply to external directors? The Federal Finance Court answered this question with its judgment of February 22, 2018 (re: VI R 17/16).

To find out more on this topic and other related articles, please visit my website:

http://www.vonengelhardt.com/en/german-legal-news/private-tax-news/849-income-accrual-to-salary-conversion-for-early-retirement

About Alexander von Engelhardt

Alexander von Engelhardt is a lawyer specializing in German immigration and corporation law. He has dual citizenship (German and American) and was born in New York. He currently works and resides in Berlin, Germany. He serves his clients in English or German and offers solutions for business immigration and easy company formation. Next to his legal work Alexander also enjoys writing about legal terms and new developments in the world of law. He sends out a monthly newsletter and provides information on important topics like taxes, immigration and company law for expats living and working in Germany.

Alexander von Engelhardt
Hardenbergstr. 12
10623 Berlin, Germany
phone: +49 30 51300026
Email: ahoi@vonengelhardt.com

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